Paul Singer Warns Markets Are Too Calm Given Geopolitical Conflicts; Says Investors Should Consider Receiver Options
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Paul Singer said market investors are not as worried as they should be about geopolitical conflicts involving Russia, China, and Iran. He said the world is in a perilous place but markets remain relatively calm.
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Singer expressed concerns about private credit, saying some money is propping up insolvent companies.
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He warned that in a recession or downturn, the Fed would cut rates to 1-3%.
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He recommended receiver options, which his firm Elliott Investment Management owns a lot of.
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Singer said receiver options are "not cheap, but very likely to work in a stressed market environment."