Julian Brigden, a Vail, Colorado-based hedge-fund consultant who correctly predicted the rout in emerging-market stocks, now says it’s time for bears to cover some of their short positions on expectations the Federal Reserve will delay raising interest rates.
The 50-year-old Wall Street veteran, who works for hedge funds and other investors from his office in Vail, Colorado, advised betting on declines in developing-nation stocks within two days of their 2015 high in April. He also warned of the risk of a yuan devaluation one month before it happened. Brigden is the managing partner at Macro Intelligence 2 Partners, based in Vail, Colorado.
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