Pope Francis Expected To Advocate On Puerto Rico With Obama

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Mark Melin
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In early public comments this morning, Pope Francis highlighted immigration and climate change in public comments with President Obama, emphasizing building bridges and bringing a message of hope. In private meetings in the White House this morning, however, the papal delegation is additionally expected to deliver an economic message specifically targeting “vulture hedge funds” and the credit situation on the island of Puerto Rico, ValueWalk has learned. Pope Francis brings good news for business, bad news for certain hedge funds As Pope Francis begins the first leg of a three-city U.S. tour, he will carry a message to President Obama…

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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.