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Hedge fund giant Louis Bacon is set to return $2B, about 15% of AUM, back to investors following...

Hedge fund giant Louis Bacon is set to return $2B, about 15% of AUM, back to investors following more than a year of poor returns. With tightly correlated markets swinging together based on what some politician or central banker utters, what's a global macro player to do? "The political involvement is so extreme - we have not seen this (in) the post-war era."
Comments (4)
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Pretty soon the only player left in the market will be only the govt.

     

    They can have it, in all it's false glory.
    1 Aug 2012, 11:04 AM Reply Like
  • youngman442002
    , contributor
    Comments (5129) | Send Message
     
    Hes right...Economics are out..its all Central Bankers now..
    1 Aug 2012, 11:07 AM Reply Like
  • montanamark
    , contributor
    Comments (1452) | Send Message
     
    and yet in the fairyland world of cnbc everyday the praises of the market and the recovery are sung - "stocks are cheap" there is a "housing bottom" "everything is fine"
    1 Aug 2012, 11:40 AM Reply Like
  • Ducaticorse
    , contributor
    Comments (1552) | Send Message
     
    Everybody should listen to the former UDSSR anthem. It's a nice piece of music.
    1 Aug 2012, 12:12 PM Reply Like
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