The market has been beset by calm over the past few weeks, Nomura's Chief Economist Richard Koo writes, but under the surface I see a great deal of pent-up energy waiting to erupt. Much of this eruption could take place in the context of central bank action (or inaction) before the US presidential election.
![Nomura three stages](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20653%20547'%3E%3C/svg%3E)
There are two camps at the Fed: Those concerned about market repression and those who are concerned about the US dollar and its implications
The market calm in August has been too calm, belying issues underneath...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!