Hugh Hendry: “The Invisible Regime… Has Become Unhinged”
by Tyler Durden
ZeroHedge.com
06/26/2013
“This year we have pursued five macro themes: long the US dollar, short China, long Japanese equities, long low variance equities and long interest rate contracts at the short end of G10 fixed income markets… The invisible regime of low volatility and low correlations that had been so supportive of risk markets for at least the last year started to become unhinged.”
The Rest…HERE