Ep. 718: Time to Blame the Computers Again with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Problem With Consumer Balance Sheets
Jim Cevallos: Kramer's implying that we should make investment decisions based on what our fucking neighbor is doing. He says there are now so many hedge funds using the same algorithm, same programs that there simply aren't enough investors willing to take the other side of the trade. So when does Kramer expect markets to go down? "I'm just saying he's taking a perspective where he's leaving quite a bit out in my opinion"
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