And this is why I am returning capital. Markets have now become a political choice. US markets are essentially a bet on the Fed unable to raise rates, and congress unable to regulate big tech or raise corporate tax rates. Commodity markets have now become a bet on Chinese policy objectives, and currencies have become a bet on what Chinese policy objectives are too. https://www.zerohedge.com/markets/worlds-most-bearish-hedge-fund-shuts-down-here-farewell-letter?utm_source=&utm_medium=email&utm_campaign=270
And this is why I am returning capital. Markets have now become a political choice. US markets are essentially a bet on the Fed unable to raise rates, and congress unable to regulate big tech or raise corporate tax rates. Commodity markets have now become a bet on Chinese policy objectives, and currencies have become a bet on what Chinese policy objectives are too. https://www.zerohedge.com/markets/worlds-most-bearish-hedge-fund-shuts-down-here-farewell-letter?utm_source=&utm_medium=email&utm_campaign=270
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