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Thoughts on Global Recession – Definition and Realization
The word “global recession” has been one of the most uttered words of every person from different parts of the world. According to Wikipedia, “a global recession is a period of global economic slowdown.” Ordinary individuals actually have several misconceptions about this term. As a result, these uneducated people are becoming more scared of its effect in their lives rather than give them more reasons to explore other opportunities.
To Odey, Or Not to OdeySpeaking of deviation, UK hedge fund manager Crispin Odey has received plentiful British ink for declaring current opportunities in equities to be “astounding.” Odey banked returns last year for his billion-dollar Odey European Fund, shorting UK financials like Northern Rock, where his wife, who is also sister to Barclays CEO John Varley, was an independent director. Whatever the cost to family ties, it profited Odey investors.