Presented without a comment. Kenneth Griffin, whose Citadel hedge funds manage $24 billion in assets, states…
We are approaching 2015 with “vigilance” in light of tumultuous market circumstances. Market conditions remain uncertain. A half-decade of unprecedented government intervention and monetary stimulus continues to impact the global financial markets. We continue to challenge our assumptions [and] assess our portfolio’s risk.
Senior manager at the $25 billion hedge fund Elliott Management…..
Current stock prices around the world cannot possibly reflect the best analysis of millions of investors and long-term bond prices are reductio ad absurdum and beyondum, and that owning the debt of developed countries today was quite nutty.
That is to say, if you are getting a feeling that we might be standing on the edge of a cliff, you may not be that far off in your assessment.
