Tag

Hedge Fund Manager

All articles tagged with #hedge fund manager

finance2 years ago•2 min saved

Mixed Signals: Assessing U.S. Recession Risks Amid Diverging Markets

Hedge fund manager David Neuhauser believes that someone is mistaken about the likelihood of a U.S. recession, as markets show conflicting signals. While recent jobs data and inflation figures have boosted hopes of avoiding a recession, Neuhauser points to weaknesses in the U.S. consumer and the global economy, as well as stubbornly high inflation numbers in various countries. He notes that oil and gold markets are indicating a recession, while analysts and economists suggest a soft landing for the U.S. economy. Neuhauser concludes that it is unclear who is correct and is waiting to determine the right path to take.

via CNBC|

#economic-outlook #finance #gold-prices

law-and-politics2 years ago•4 min saved

Supreme Court's Potential Blow to SEC's Power and Trump's Administrative State Agenda

The Supreme Court is signaling support for a hedge fund manager, George Jarkesy, who claims that the Securities and Exchange Commission (SEC) violated his constitutional rights by using in-house judges instead of a jury to decide if he broke the law. This case has broader implications for the government's ability to enforce regulations and weaken the "administrative state." The conservative justices expressed skepticism towards the Biden administration's argument that securities fraud enforcement falls under the executive branch's enforcement role. The liberal justices were more sympathetic to the government's position. The decision, along with other cases before the court, is expected to be decided in the middle of next year's presidential election.

via USA TODAY|

#administrative-state #constitutional-rights #hedge-fund-manager

finance2 years ago•5 min saved

Bond Vigilantes Return, Sparking Stock Market Carnage and Sector Rotation

Hedge fund manager Harris "Kuppy" Kupperman predicts that there is no bottom for bonds and expects yields to continue rising, potentially reaching 6% or even the teens. He believes that the bond market is not panicking enough and sees the current situation as a "one percenter depression." Kupperman prefers investments in the real economy and is bullish on uranium, anticipating a super-spike in its price due to a future shortage. He also warns of potential trouble in the banking sector and expects a giant sector rotation rather than a stock market crash.

via MarketWatch|

#bond-crisis #finance #hedge-fund-manager

business2 years ago•1 min saved

Jamie Dimon Confirms He Will Not Run for Political Office

JPMorgan Chase CEO Jamie Dimon has "no plans" to run for office, according to a statement from the bank. Last week, hedge fund manager Bill Ackman tweeted that Dimon should run for president in the upcoming 2024 elections. Dimon has occasionally fed the speculation himself, but the bank said he is "very happy in his current role." Dimon has pushed JPMorgan in new directions, attempting to tackle some of the country's intractable issues including health care, economic disparity and urban blight.

via CNBC|

#business #hedge-fund-manager #jamie-dimon

business2 years ago•1 min saved

Louis Bacon awarded $203M in defamation case against neighbor.

Hedge-fund manager Louis Bacon was awarded $203 million in damages and legal fees in a defamation case against former retail mogul Peter Nygard that stems from the two men’s long-running feud over neighboring properties in the Bahamas. A New York state court-appointed referee ordered Mr. Nygard this week to pay the amount, saying he orchestrated a yearslong campaign to destroy Mr. Bacon’s reputation.

via The Wall Street Journal|

#bahamas #business #defamation-case