Bridgewater $22bn European Big Short
Bridgewater’s $22bn European ‘big short’ last month is evidence that the big bears are coming out of hibernation. Since February’s stock market correction bulls and bears have been locked in a messy scrum near key support levels. With the era of central bank monetary accommodation drawing to an uncertain conclusion, the bulls are slowly realizing that they are on their own this time. Buying stocks in anticipation of central bank asset buying isn’t the game anymore. Bridgewater’s $22bn European ‘big short’ last month is evidence that the big bears are coming out of hibernation The central banks are...
Read More