One hedge fund manager who correctly predicted the last financial crisis has warned that he is seeing parallels in today’s market. In an internal memo, Andy Redleaf, the CEO of Whitebox Advisors, said that “[he thinks] it is a truly scary time”. Whitebox Advisors is a $4.2 billion hedge and mutual fund. In the same […]
Financial Crisis, Market watch, Oil Prices, Predictions, Stock Markets
Analysis, Explained, Long Term Savings, Market Watch
A recent portfolio review for a client led a very interesting discussion. My client has small part of his investment flowing into an energy fund. Though the fund is all encompassing (from fossil burning to wind farms), the recent and dramatic changes in the price of a barrel of oil has impacted the funds value […]