Aug 24

Black Monday No Surprise, Says Analysts

Institutional Investor
James Koutoulas, CEO of Typhon Capital Management in Chicago, concurs that today’s sell-off was overdue. “China’s central bank has been exposed as desperate and impotent, and the Fed has precious few bullets left,” he says. Typhon Capital design and manages multi asset class volatility portfolios as both alternative allocations and overlay exposures. According to Koutoulas, who says that his firm has been in reduced risk mode across its commodities strategies for weeks and preparing for a pullback in equities in its overlay positioning, the worst may not yet be over.