BEARISH

Barron's Magazine har intervjuat 5 topp hedgefondförvaltare om vad de tror om USA marknaden. En gemensam nämnare är att alla är baissade.

James Melcher (Balesta Capital Partners - annualized 3-year performance of 49%) "remains a bear because he thinks more bad news will come out, possibly in the credit-default swap marketplace, owing to the confusing array of huge cross-pledges big institutions have made", "I fear it's going to get worse before it gets better".

Philip Falcone (Harbinger Capital Partners Flagship - annualized 3-year performance of 44% ) "is retaining his short position in financial stocks, because he thinks market enthusiasm triggered by aggressive Fed action is overdone",

John Burbank (Passport II Global - annualized 3-year performance of 66%) " is not enthusiastic about US markets",

Andrew Redleaf (Whitebox Hedged High Yield - annualized 3-year performance of 21%) " The stock market is set for a long decline, which many investors will refuse to acknowledge until it is to late".

Marko Dimitrijevic (Everest Capital Emerging Markets- posted a 23.10% annualized three-year return.)

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