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Global Allocation Fund April 2019 Commentary: Danger Amid Seldom Seen Bull Market

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Jacob Wolinsky
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Global Allocation Fund commentary for the month ended April 30, 2019. This letter was originally in Spanish and has been translated to English using Bing.

Q1 hedge fund letters, conference, scoops etc

Global Allocation Fund

"Sell in May and go away." - Popular saying

April has been another bullish month for the stock markets, especially for the European ones, in a trend that has not ceased to amaze us since the beginning of the year. We have seldom seen such a bull market, in an environment in which macroeconomic figures have been characterized by constant downward revisions of growth forecasts, and microeconomic figures by decreases in the expectations of profits, revenues, and...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob worked as an equity analyst covering small caps, a micro-cap analyst, doing member development a large hedge fund community and freelance financial writing. Jacob lives with his wife and five kids in Passaic NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal id. Other methods of secure communication are also available. FD: I almost exclusively avoid the purchase of equities to avoid conflict of interest and any insider information. I only purchase broad-based ETFs and mutual funds. I will disclsoe if I have a stake in any company, but in general avoid