Armored Wolf thinks the world economy is not in good shape. In a letter to investors dated November 1, John Brynjolfsson, the fund’s founder and former PIMCO fund manager, said unpredictable dangers abound despite the fact that asset prices are surging and growth is stronger with low inflation.
“Halloween ghouls… leer from the shadows,” he writes, placing himself in one distinct hedge fund camp.
There seem to be two camps in the hedge fund world. Those that think Ebola is not a threat to stock performance yet – in other words the concrete evidence does not support the panic. The second group thinks Ebola is a significant concern based in its future potential.
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