Sep.04 — Valentin Marinov, head of G-10 FX research and strategy at Credit Agricole, discusses the outlook for the pound after U.K. Prime Minister Boris Johnson lost his parliamentary majority and a general election looms amid a deepening Brexit turmoil. Marinov speaks on “Bloomberg Daybreak: Europe.”
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Back in November, billionaire Steve Cohen predicted a bear market was approaching. The time frame he gave during an interview with the Financial Times (FT) was for it to come in 18 months. Did his prediction come early? Cohen’s remarks were spoken to the FT as his new hedge fund Point72 raised $5 billion since […]
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Pair Trading Pair trading is a strategy for hedging risk by opening opposing positions in two related stocks, commodities, or other derivatives. This can be a way to profit no matter what conditions the market is in since profit is determined not by the overall market, but by the relationship between the two positions. While […]
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