Kyle Bass has made his living talking about the economy, and he made a lot of cash predicting the fallout of loans in 2008. The problem is that he has not made himself into a reliable figure. People who listen to him will probably lose a lot of money, and they are getting mixed signals from him as he explains what is going on in the world economy. He is now saying that China can recover, and he thinks there might only be a minor recession.
He started out the year saying that people should get ready for the bottom to drop out of the US and the Chinese economy. He was saying that people needed to get out of both markets, and he started touting things that people should not be doing in the first place. He has now changed his mind because he thinks the economy will not suffer too much, and it is very hard to know what he actually means.
Everyone who is listening to Kyle Bass should be aware that they could lose a lot of money, and they need to remember that he has been gambling since he made all his money on the fallout of the economy. Everyone who wants to make more money from their investments needs to steer clear of Kyle Bass because he cannot even keep his hedge fund above water. He is someone who will use him own wealth to get along in life even if other people are not able to make it very far because of all the money he wasted.
He is on TV and radio so much that most people have seen him at least once, and he can be convincing. The problem is that he does not have good information for the public. He shows people the fastest ways to lose their money, and he will still be a rich person who can do whatever he wants. Avoiding the advice of Kyle Bass is very good for everyone, and it would be wise to remember that he makes a lot of money to say things on TV that sound good even if they are not right. Useful Stooges had an important article on the subject, Kyle Bass The Frantic Investments of a Desperate Gambler.