Amid Strong Q2 Gains, Carlson Capital Warns Of Danger In Bond Market

After sporting middling 1.7% returns in the first quarter, admitted market cynics at Carlson Capital delivered notable 9.9% net second quarter returns to investors. The above mean performance came despite talk of “bubbles” and the “momentum phase” of the stock market kicking in. After investing on a drawdown in the immediate aftermath of Brexit, the $8.5 billion hedge fund thinks one beaten down investment category, the banks, could benefit.

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Carlson: unprecedented central banks interventions have caused many market participants to question the reliability of market signals

Sounding a tone similar to JPMorgan’s Marko Kolanovic, Carlson Capital Portfolio Managers Richard Maraviglia and Matt Barkoff...