Why Crispin Odey’s $11 Billion Fund Has 5% Daily Swings: “It’s No Longer A Market But A Battlefield”

In February, Cripsin Odey’s quite bearish $11 billion Odey Asset Management had a tumultuous month: it was down -10.6% as the overall market levitated relentlessly on low volume hopes of central bank stimulus and intervention ever since the February 11 lows, leading to the biggest short squeeze in history and the most overbought market ever.

This post was published at Zero Hedge on 03/23/2016.