Odey Says Blame The Machines As He Prays His Moment Has Arrived

Has Crispin Odey’s ship finally arrived? Always a groomsman but never a groom, one of the world’s most bearish fund managers who has been anticipating and betting on a market crash now has finally gotten a payout from other people’s gore.  Odey’s fund was reported to have jumped 6% Monday alone as a result of the market carnage. In a January letter to investors, Odey OEI MAC fund was already making money – a relative rarity of late. Mr. Doom still has a bearish monetary outlook going forward, but in the short term the market could bounce -- depending what happens over the next week or so.

[dalio]

Odey: Humans...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here