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Hedge Funds Short Healthcare Providers As Subsidies Debate Intensifies
Hedge funds last week sold more U.S. healthcare stocks than they bought for the first time in 14 weeks according to Goldman Sachs.
Fed’s Hammack Says There’s No Need To Change Interest Rates For Months, WSJ Reports
Federal Reserve Bank of Cleveland President Beth Hammack said she sees no need to change U.S. interest rates for months.
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Mnuchin warns of 'permanent economic damage' if country doesn't reopen
He said we must reopen the economy in a "thoughtful way," but not lifting lockdown measures could lead to "permanent economic damage."
Billionaire investor tips oil prices to hit US$100 a barrel in 18 months
The worst could soon be behind the black gold according to one billionaire investor.
Is The Tesla Bubble About To Burst?
At the parabolic top of every financial bubble, thrilled investors lose their tether to reality
Why Buffett Was Wrong To Dump Airlines
Buffett’s decision to exit airlines seems to have stemmed directly from the coronavirus lockdown and its impact on the travel industry.