http://www.bloomberg.com/news/2011-08-02/diggle-s-new-hedge-fund-bets-on-volatility-as-crisis-shifts-to-public-debt.html?cmpid=
“I’m not sure if the next crisis will be centered on the stock markets,” said Diggle. “It’s likely to be centered on government debt markets, currency markets and probably commodity markets.”
“I’d rather be long corporate bonds than government bondsin essence because I see private prosperity and public squalor,” Diggle said. “I just came back from Italy where the cars are expensive but the roads are bad. People have money but governments don’t.”
“I’m not sure if the next crisis will be centered on the stock markets,” said Diggle. “It’s likely to be centered on government debt markets, currency markets and probably commodity markets.”
“I’d rather be long corporate bonds than government bondsin essence because I see private prosperity and public squalor,” Diggle said. “I just came back from Italy where the cars are expensive but the roads are bad. People have money but governments don’t.”
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