Hedge fund giant Seth Klarman wrote in a letter to investors that “the rocket fuel that has propelled markets in 2019 will run out.”
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But Klarman noted in the Jan. 15 letter he is worried about a possible "liquidity trap" as low rates don't seem to jolt economic growth, especially in Europe.Hedge fund billionaire Seth Klarman warns of next financial crisis — Here's how business leaders at Davos respondedBillionaire hedge fund manager Seth Klarman is warning this rally that has taken stocks to record highs could soon end.
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