Carl Icahn Booked $1.3 Billion Gain Shorting Malls
With billions of people around the world confined to their homes for several weeks to stop the spread of COVID-19, the odds of mall defaults climbed.
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Why Howard Marks Remains Bullish On Big Tech
The billionaire can't find a reason for the FANG and friends to fail that wouldn't hurt non-tech sectors even more. Call it a "clean shirt choice."
Warren Buffett Sours on Banks and Likes (Gulp!) Gold
Dumping bank shares and investing in a gold miner? It certainly doesn’t sound like a Warren Buffett move, but that’s exactly what he did last quarter.
Stocks Ignore Stimulus Rift, Sowing Worries on Wall Street
Federal Reserve officials and private economists alike have emphasized that a sharp drop-off in government spending imperils a fragile GDP recovery.
Fed Saved Capitalism, But Beware Shocks, Howard Marks Says
"The mere fact that you do something that has negative consequences doesn't mean it was a mistake," billionaire says. "They had to do what they did."
Nouriel Roubini: Beware The "White Swans" Of 2020
Dr Doom is back with concerns that this year could punish optimism more savagely than many hoping to see a statistically unlikely "white swan" think.
Gold Bug Peter Schiff: Bitcoin Headed To Zero
"It’s purely for speculators looking for action, who don’t mind the risk of trading a worthless digital asset that will eventually zero out."
