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Hedge Funds

Short The Dow For 2019's Coming Recession, Says Top Hedge Fund

by ccn.com posted 5months ago 25 views
The Dow Jones is set for an epic collapse, plunging the US into a recession as early as this year, according to Crescat Capital. The hedge fund, which consistently outperforms the market, is loading up on short positions on global stocks and shifting assets into gold in anticipation of a stock market meltdown. Crescat believes 2019’s Dow Jones recovery is a “bear market rally” that will soon collapse. Source: Yahoo Finance It comes less than a day after Nobel Prize winner Robert Shiller said a recession is likely in the next 18 months.

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