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Bloomberg

Paul Singer warns of trouble and is eager to say “I told you so”

(Bloomberg) – To true cryptocurrency believers, meme traders and Elon Musk fans, hedge fund titan Paul Singer can’t wait to say “I told you so.” Offering a gruff response to today’s noisy financial markets, the 76-year-old billionaire said in a letter to clients at his $ 42 billion Elliott Management Corp. that a “host of excesses” will come back to haunt investors. For Singer, who has long warned of a bad end to the Federal Reserve’s easy money policies, it’s all a bit much. “We believe that hindsight will show the champion of slap madness in Americans …

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