Shocks and surprises could damage all major economies, warns Swiss hedge-fund manager
April 29, 2019 at 07:30 AM EDT
In the fall of 2018, Felix Zulauf, head of Swiss hedge fund Zulauf Asset Managment, said investors were facing the start of a “structural bear market.” In other words, not much upside and a downside that’s limited by central banks. Here’s his latest.