It is sometimes more interesting to follow the Wall Street whisper talk than it is to follow the official Wall Street bank meme that often predominates. (Interestingly enough, Wall Street whisper talk, which often goes against the bank consensus, seems to take place more in London, Chicago and Singapore than it does on Wall Street.) Steve Eisman’s recent interview with The Guardian points to interesting dichotomies as well as an emerging relative value trade among EU banks (primarily in Italy) and UK banks. Also see Michael Burry Goes All In On A One Trillion Dollar Industry Whisper talk during Brexit…
Steve Eisman – “Europe Is screwed. You guys Are Still screwed"
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.