British Hedge Fund Manager Sees Doom And Gloom For Markets

Benzinga – British hedge fund manager Crispin Odey thinks the world is headed for a downturn that will “devastate equity markets.”

The 55-year-old hedge fund manager, whom the New York Times recently described as a “semi-celebrity” in England, said central banks have used up all their fire power and will be at a loss to counter ill effects stemming from China’s weakening economy and plunging worldwide oil prices .

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