Daily Archives: March 3, 2024
Showing articles 1 - 2 (2 total)
07Jan3:11 pmEST
Oh My God, it Even Has a Watermark
Part of hedge fund titan Bill Ackman's appeal, for fans and foes alike, is that he combines old school Wall Street cunning ways dressed up as a polished, modern, hedge fund alpha--You might say he a wolf in designer wolf's clothing, with of course a watermark on his business card , to boot. With that in mind, his SPAC, Pershing Square...
07Jan11:30 amEST
These Shorts May Fall Before Rome Does
Much like last summer, one would think that the disturbing images of American cities and buildings being overrun would lead to shaky equity markets jittery with uncertainty. Instead, we continue to see markets which are jittery alright. But they are jittery from the sugar rush of nonstop Fed liquidity which has led to uniquely persistent...