Michael Hintze cautious after “too much of a good thing”

Financial News reports that Michael Hintze is cautious about growth as global monetary stimulus has a diminishing impact:

Michael Hintze, the founder of $11.7bn hedge fund manager CQS, has used his latest letter to investors to reverse the "constructive" view on markets he has held for the last three years.

In the letter, Hintze wrote that he is inclined to be cautious because of the diminishing impact of global monetary stimulus on economic activity and markets, questions over global growth and geopolitical turbulence.

Read the article (subscription required):  “Hintze cautious after 'too much of a good thing'” – Financial News