There is a clash of powerful economic forces occurring in the UK, George Soros says in a Project Syndicate opinion post written Monday. The ultimate impact of Brexit, inflation rising faster than wage growth and the need for consumers to deleverage will converge with the need for the Bank of England to raise interest rates. This four-corner offense of economic factors will have the net result of slowing growth at a time when economic vitality is needed most, Soros predicted. One path to soften the blow could be a soft Brexit exit. Soros: UK is at a Brexit tipping point…
Soros Has Another Warning, But Has He Lost His Touch?
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.