The full title: Stratfor Article: Hedge Fund Quits Because of Political Economy - How Does It Affect Your Trading? The Article: http://www.stratfor.com/weekly/financial-markets-politics-and-new-reality Money quote, 1st paragraph: Louis M. Bacon is the head of Moore Capital Management, one of the largest and most influential hedge funds in the world. Last week, he announced that he was returning one quarter of his largest fund, about $2 billion, to his investors. The reason he gave to The New York Times was that he had found it difficult to invest given the impossibility of predicting the European situation. He was quoted as saying, "The political involvement is so extreme -- we have not seen this since the postwar era. What they are doing is trying to thwart natural market outcomes. It is amazing how important the decision-making of one person, Angela Merkel, has become to world markets." Other interesting related reading: http://www.stratfor.com/weekly/20100503_global_crisis_legitimacy http://www.investorsinsight.com/blo...onomic-crisis-and-stratfor-s-methodology.aspx Oh, and don't forget this video: www.youtube.com/watch?v=p_KKN_jltI8
such a large fund and they dont even know that you never predict, only *react* ? plus,there are asian markets in the world not only european...