A recession cannot be avoided by the central banks, says hedge fund manager Crispin Odey. They can only hope that the developed world will react to cheaper commodities by spending more, he said in a recent letter to investors reviewed by ValueWalk. If this doesn’t happen, the equity markets are probably going to run into trouble. Crispin Odey: Emerging markets likely to suffer from a recession Top U.K. hedge fund manager, Crispin Odey, thinks recessions are “very likely” to occur in the emerging markets, but this could be exacerbated by the strength in the U.S. dollar. He says by its very…
A Once Bullish Crispin Odey Fears Recession In Emerging Markets
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.