The Traderszone Network

Published in TZ Latest News 27 December, 2014 by The TZ Newswire Staff

"Blind Faith In Policymakers Remains A Bad Trade That’s Widely Held"

Exceprted from Archaea Capital letter to investors,

Blind faith in policymakers remains a bad trade that’s still widely held. Pressure builds everywhere we look. Not as a consequence of the Fed’s ineptitude (which is a constant in the equation, not a variable), but through the blind faith markets continue to place on the very low probability outcome – that everything will turn out well this time around.

And so the pressure keeps rising. Managers are under pressure to perform and missing more targets, levering up on hope.

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