Hedge Fund News From HedgeCo.Net


Gearing up to short stocks again

CNBC – The Federal Reserve’s easy-money policy will eventually lose its efficacy, creating a nurturing climate for market bears, hedge-fund manager Bill Fleckenstein said Friday.

“At this juncture, I’m just moving forward so I could restart my fund early next year,” he said. “Having said that, if I had started it yesterday, I wouldn’t be short a share of anything because the reason I closed my fund was because I knew the Fed would print lots of money. I never dreamed it would go on this long or get this ridiculous or stocks would get back to here, but they have.”

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply