GDP linkers are a grand illusion

Jay Newman was a portfolio manager at Elliott Management.  Management. John-David Seelig is a data scientist at Rose Technology. Alexander Campbell was an investor at Bridgewater Associates and is the CEO of Rose Technology,

Sovereign defaults, like happy families, are more alike than not. They are passion plays where each cast members have obvious but conflicting goals. To wit:

Sovereign debtors: incumbent politicians — rarely the same…