Ep. 782: Going Back to MIT with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Hedge Fund Industry's Role in the Financial Markets
"Hedge fund industry plays an invaluable role in allowing us to understand what's going on with financial markets," he says. "When we're at all-time highs, there's got to be something in the back of your mind ... I think that we are heading towards a major dislocation." The stock market is near all-time lows but other measures like skewness and kurtosis point toward some kind of event happening over the course of the next six to 12 months.
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Transcript
