By Melina Sanchez, Novus Partners, Inc. Are hedge funds good at timing sectors? Yes. Except when it comes to Financials. Over the past 10 years hedge funds have beaten the market. Does this mean they’re skilled, or just lucky? We can confidently say there’s one reason for hedge funds to exist: they generate […] Read more »
Author Michael Lewis – Quotation of the Day
By Hedge Fund Insight staff, Michael Lewis, author of “Flash Boys” and “Liar’s Poker”: “It is hard to feel really good about the structure of the US stockmarket. I don’t feel good about the relationship between our financial sector and the rest of society. It is still screwed up. “It is distorted by a […] Read more »
“Summers vs. Carney ” – Financial Sector Malaise The Primary Driver Or Not?
By Stephen Lewis, Chief Economist of Monument Securities With his talk of ‘secular stagnation’, Prof Summers has prompted a welcome reassessment of what ails the global economy. For five years, policymakers in the advanced economies have been taking measures of unprecedented vigour, with a view to restoring full employment, but the results have been uniformly […] Read more »