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home / news releases / XBI - How To Tell If The Coronavirus Panic Will Trigger A New Bear Market


XBI - How To Tell If The Coronavirus Panic Will Trigger A New Bear Market

Back at Davos on January 22, Bridgewater CIO Bob Prince made the incredible statement on Bloomberg that the boom bust cycle as we know it is over. The comment got wide coverage and attention, including from myself here on Seeking Alpha, but there was another comment he made offhand in that interview that went unnoticed. It was equally incredible, in my niche, fringe view at least. After saying that we have seen the end of the boom-bust cycle, Prince was asked the following question:

"Is it the end of the hedge fund business in modeling

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Stock Information

Company Name: SPDR Series Trust S&P Biotech
Stock Symbol: XBI
Market: NYSE

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