Odey’s shrinking fund takes big bet on UK debt
Crispin Odey has taken a high conviction bet against UK government debt, but the leveraged position could have implications for economies of scale in his quickly shrinking fund if it goes wrong.
Futures
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Why shorting bitcoin could be a bad idea
Shorting bitcoin on the back of its soaring value and Monday’s launch of the first futures trading has been dismissed as irrational and “high risk” by a top UBS economist.
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VIX ‘fear index’ hits lowest level since 2007
An index said to represent levels of fear on the markets has hit its lowest levels since before the eruption of the credit crunch after trending lower in recent weeks.
