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Hedge Fund CIO: "Expect Enormous Losses In The Next Correction As There Is No Price Discovery In Index Investing"

Hedge Fund CIO: "Expect Enormous Losses In The Next Correction As There Is No Price Discovery In Index Investing"

In today's excerpt from Eric Peters Weekend Note to clients, the CIO of One River Asset Management focuses on the one topic that is first and foremost on the minds of the active investing community: the unprecedented shift from active to passive management, and what it means for not only the industry, but for markets during the next "normal correction."

Russia, Iran Warn U.S. They Will "Respond With Force" If Syria "Red Lines" Crossed Again

Russia, Iran Warn U.S. They Will "Respond With Force" If Syria "Red Lines" Crossed Again

A statement issued on Sunday by a joint command centre consisting of forces of Russian, Iran and allied militia alliance supporting Syrian President Bashar al Assad said that Friday's US strike on the Syrian air base crossed “red lines” and it would "respond with force" to any new aggression while increasing their level of support to their ally.

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