Hedge fund managers have a certain glow about them, and that glow is the reflection of the money they stash in their mirrored money vaults every year. Hedge fund managers are considered super-rich and not all of them earned that wealth the American way. The American way is working hard, staying out trouble, and being respectful toward other humans and the planet. Some hedge fund investors don’t play by those rules, and if the American people have their way, hedge fund tycoons could become extinct in the future.
But in the present, men like celebrity investor Kyle Bass are able to sit down with the news media and give their opinions about the economy, the political area, the European Union’s situation, and the Chinese financial debacle that is in the process of creating a global recession. Bass is the former Bear Stearns executive and investor that bet the sub-prime mortgage scheme was going to explode in 2008, and he made millions on that bet. Bass become a rock star, and he has stayed in the limelight for the last eight years. But not all the press about Bass has been positive. Bass has been involved in a number of shady transactions, and his image has been tarnished by those questionable deals.
But that doesn’t stop Bass from speaking about the American election. Kyle recently told Buisnessinsider.com that he believes Hillary Clinton will be the next president and that Trump has made an impact on the political system. But Trump is just not suited to be president, in his opinion. Bass also talked about China and the hard landing the Chinese are experiencing because of the enormous amount of bad debts the Chinese banks are carrying, and the fact that there is a migration out of the urban areas created by the government. Bass also said the Feds won’t raise interest rates, and the United States will only experience a mild recession.
Kyle Bass isn’t the only hedge fund manager that gives his opinions to the press. George Soros, Ken Griffin, Daniel Loeb and Renaissance Technologies founder James Simons are constantly in the news for one reason or another. But Bass seems to be the bad-boy of that group, according to an article published by Usefulstooges.com. Bass is currently trying to cash in on some of the drug companies that are being investigated for price gouging.