If there’s one thing we’ve learned about the financial markets over the last year, it’s that things have changed quite a bit. Last year at about this time, some hedge fund managers were practically chomping at the bit for the momentum rally to finally end. Several managers told investors in their quarterly letters that the markets were doing the opposite of what they “should” have been doing. Q4 hedge fund letters, conference, scoops etc So what’s behind the dramatic changes? One analyst has offered up a very interesting view. He suggests pension funds may be to blame for the extremes…
Pensions Are To Blame For Extreme Boom/ Bust Cycles: Analyst
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.