Wednesday, July 24, 2019

Hedge Fund Losses

These guys should just subscribe to Mike's report and they'd be doing a lot better financially...

Wow Bridgewater probably 25% below S&P 500 returns so far this year:

Druckenmiller also all pissed off and negative in view of the Trump budget deal so he is probably short/neutral and suffering from TDS:

Meanwhile Trump keeps delivering on the fiscal policy (up > 7% YoY) and has apparently goaded the Fed into lowering the policy IOR rate back down towards 2% going into his election year: