$34 billion hedge fund Elliott Management says a 'dénouement' is approaching — and it's a disaster w

Paul Singer's Elliott Management, a $34 billion hedge fund, is beating the drum again about an impending market crash. Elliott has long raised concerns about market conditions. "If you think the human race is in a better and more knowledgeable state than in the past, good luck to you," Elliott wrote in its most recent client letter, which was seen by Business Insider. "Our centered case is still that the prices of global debt instruments are significantly distorted (on the upside) by...