On a day when none other than the Financial Times runs a headline that highlights central bank “distortion” in Japanese stock markets, a related event is noted. Just before Bill Gross took the central banks to the woodshed, calling Janet Yellen a master of market manipulation and pointed to ugly results, UBS Global Quantitative Analyst Paul Winter wrote a research report titled “When is the stock market likely to correct?” This is almost a click-bait type headline, because for a banker to infer discussion of a particular market crash timeframe is a hot topic being handicapped among analysts. How do…
UBS Wants To Predict Stock Market Correction Date But Can't
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.