In a telephone interview, Jeffrey Gundlach said that “The market is not incredibly healthy.” He focused on SPY’s corporate earnings. The earnings remained weak.
In an interview on Wednesday, May 25, 2016, Whitney Tilson—a hedge fund manager—shared his experience. He shared his views on Apple, IBM, and Google.
Berkshire Hathaway is trading at $142.60. It’s trading at price-to-earnings multiple of 14.35x. On a YTD basis, the stock returned 8.4% as of May 31, 2016.
Whitney Tilson is a prominent hedge fund manager. He said that shorting is a tough business. Investors should be careful before taking a short position.
In April 2016, the Barclay CTA (commodity trading advisors) Index remained flat. It returned -0.08% in April 2016.
The Barclay European Equities Index remained the underperformer among all the hedge fund indexes. The index returned -0.82% in April 2016.
In the current market scenario, the global markets (ACWI) (VTI) (VEU) are mainly driven by the monetary stimulus provided by the central banks.
The Barclay Event Driven Index outperformed other indexes in April 2016, providing a return of 2.3%. Year-to-date, the index had returned 2.6% as of April 30.
In April 2016, the Barclay Healthcare & Biotechnology Index returned 2.2%. However, year-to-date, the hedge fund had returned -9.1% as of April 30, 2016.
The Barclay Equity Short Bias Hedge Fund returned -0.83% in April 2016. However, on a year-to-date basis, the fund provided a return of 3.4% through April 30.
In April 2016, hedge funds outperformed the CTA index. Worldwide, central banks’ dovish policy stances helped the funds to provide such returns.
The Brazilian economy is experiencing contraction due to a fall in commodity prices and the political turmoil. The commodities market is one of Brazil’s most important growth drivers.
Rubenstein believes that crude oil could rally to $70 per barrel next year since crude oil moves in a periodic manner. Once the downside period is over, he says the upside period will continue.
Rubenstein said that many hedge fund managers made wrong macro bets that led to a weak start to the Market in early 2016.
David M. Rubenstein of the Carlyle Group believes that whoever wins the US presidential election won’t be able to accelerate economic growth in the United States.
Rubenstein commented about the US presidential election, saying that whoever wins, it probably won’t accelerate economic growth in the United States.
David Rubenstein spoke at the SALT Conference 2016 about the global macroeconomic scenario. After the conference, he talked about the US presidential election and a rebound for crude oil.
In February 2016, Fed policymakers said the US economy (SPY) (QQQ) (IWM) might face downside risk due to the sluggish global (VTI) (VEU) environment.
The best performance made by Mark Mobius’s Templeton Emerging Markets Group was an investment in Brazil (EWZ) in 1995–1996.
Mark Mobius said that there are tremendous opportunities in China. It’s one of the largest economies. Its GDP (gross domestic product) growth rate is 6%–7%.