Crescat Capital May 2018 Letter – Gains On Shorts In Italy, Says ” the Fed has unwittingly made up its mind to burst many different financial asset bubbles globally, perhaps some RE bubbles too”

Sheeraz Raza
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Crescat Capital May 2018 Letter – Gains On Shorts In Italy, Says ” the Fed has unwittingly made up its mind to burst many different financial asset bubbles globally, perhaps some RE bubbles too”

Crescat Capital commentary for the month ended May 31, 2018.

[REITs]

Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid?

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

Dear Investors,

Even as the S&P 500 drifted higher, global financial markets showed major cracks in May. In the face of continued Fed tightening and a strong dollar, various emerging market currencies melted down. Also, the formation of a new populist government in Italy sent Italian bonds into a tailspin potentially reigniting the European sovereign debt crisis. In Crescat’s Global Macro Fund, we profited from promptly shorting Italian bonds and equities last mon