Hints and tips:
...— Comparing mutual funds’ and hedge funds’ 2Q holdings (Goldman Sachs Research) — An Import(ant) Price of Brexit Uncertainty (NBER) — “We claim that the zero-beta rate is the correct intertemporal price...
...To be fair to bond investors, few sincerely believed in seven cuts, but probably three or four, with some hedges against a truly dire recession layered on top....
...It also brings a moment for us hikers to pat ourselves on the back for a job well done. The walk downward should be cake, right?...
...At this point, macro hedge fund managers and other investors who seek to harness broad global economic trends are rubbing their hands with joy....
...Most will prefer to hedge their risks by shifting additional production to India or south-east Asia....
...An executive at the Hong Kong arm of one global hedge fund said the start of the week “felt like 2015”, when the leverage-fuelled stock bubble popped seven years ago....
...But the fact that we don't have a full-blown banking crisis that's consumed the entire financial system is genuinely a reason for everyone to pat themselves on the back....
...A reporter gave a Credit Suisse media relations executive — who was tasked with keeping the press out — a reassuring pat on the shoulder....
...Still, Croft is not ruling out that Opec will sit pat. That’s also the consensus of other analysts who follow the group closely....
...Hedge fund money. Some guys worked for a living and others grifted. Nothing was happening....
...According to Pat Grady, a partner at Sequoia Capital, something significant has happened in AI in recent weeks....
...The move has prompted a bitter contest for his seat, with the two frontrunners being television personality Mehmet Oz and hedge fund chief David McCormick....
...For instance, someone that we spoke to was Pat Toomey, who’s the most senior Republican on the Senate Banking Committee....
...Budd said the former president’s backing had been “huge” for his hard-fought campaign against 13 opponents, including former governor Pat McCrory....
...The same cannot be said for Intel’s Pat Gelsinger, who pocketed $178mn while its shares have flatlined for years....
...Oz and McCormick fought a close and occasionally rancorous race to contest the Senate seat, which has been opened by the retirement of the incumbent Republican Pat Toomey....
...They are all competing to replace Pat Toomey, the retiring Republican senator who is the party’s top member of the powerful banking committee on Capitol Hill....
...That price far exceeds the $2.2bn paid by hedge fund manager David Tepper for the Carolina Panthers in 2018....
...Sasso, a longtime Republican political donor from Philadelphia who said he was “totally disenchanted” with the former president, said he saw parallels between McCormick and the state’s outgoing GOP senator Pat...
...Trump’s backing had been sought by David McCormick, the former hedge fund executive and senior Treasury official under George W Bush, the other leading candidate in the race....
...But he has relatively little experience with hedge funds....
...More bitcoin news: Three Arrows, the crypto hedge fund, which is based in Singapore and registered in the British Virgin Islands, has fallen into liquidation. 4....
...Right now, though, liberal democracy deserves no pats on the back. We keep doing our best to prove it doesn’t work....
...Botha and two other Sequoia partners, Alfred Lin and Pat Grady, would manage the Sequoia Fund, said one person briefed on the set-up....
...He will be replaced by Pat Gelsinger, CEO of VMware, on February 15. His successor is an outside hire with Intel inside....
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