Loeb Capital CEO Gideon King Tells Central Banks to Learn from History

Gideon King, CEO and CIO of Loeb Capital Management, wrote extensively about his views on the current outlook on U.S. economy in his Q2 investor letter. King has appeared on Bloomberg a number of times where he has discussed activist investing and the future of  theM&A market. Loeb Arbitrage Fund, an event driven program, was down 0.5% in June, but managed to post a +1.22% return in Q2 overall.  The fund is 3.6% for the year so far. According to BarclayHedge, the Loeb Asia Fund is up 12.4% YTD. Before the financial crisis hit the markets, Loeb Capital managed more…