Michael Hasenstab, chief investment officer of Templeton Global Macro looks at the world and sees a monetary experiment filled with economic and political risk. Those risks can take the form of political populism taking hold in developing markets including the US but most specifically Europe and interest rates suddenly rising as a result of interest negative rates backfiring in Europe and Japan. Hasenstab: The rise of populism biggest risk to economic stability “The biggest risk the world faces is the rise of populism,” Hasenstab stated at a media gathering at the Morningstar Investment Conference in Chicago. Voters in the US…
Franklin Templeton's Hasenstab Sees Worldwide Risk, Offers Hedging Solution
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.