Paul Singer is bracing for ‘all hell to break loose’

Paul Singer of Elliott Management recently raised additional capital and wrote about his market expectations.

"Given groupthink and the determination of policy makers to do ‘whatever it takes’ to prevent the next market ‘crash,’ we think that the low-volatility levitation magic act of stocks and bonds will exist until the disenchanting moment when it does not. And then all hell will break loose. The only way to take advantage of those opportunities is to have ready access to capital."

Paul Singer is bracing for ‘all hell to break loose’