George Soros is a rare hedge fund manager credited with “breaking” a major central bank. Successfully “fighting the Fed” has rarely, if ever, succeeded in a developed nation, giving Soros a world-beater status of sorts. That was 1992 when Soros, then a spry 62-year old, recognized a flaw in economic calculations and proceeded to crush the Bank of England and its currency. Now the legendary prize fighter, 85, who previously appeared un-eager to engage in another major battle, toughened his rhetoric with China this week. China is missing its economics forecasts much like a company misses its earnings estimates Speaking…
Is George Soros, 85, Looking For A Fight With China?
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.
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