Bill Ackman is Short, We’re Long
By Kelvin Lee, Alonso Munoz If you don’t know, Bill Ackman is a billionaire hedge fund manager and CEO of Pershing Square Capital Management. Ackman’s famous for his activist investment philosophy, which involves betting on and against controversial positions and then tweeting about it. His most recent call? To short the 30-year treasury. Here’s his […]
The Fed- Too Fast, Too Furious
By Kelvin Lee, Alonso Munoz The Federal Reserve raised rates by another historic 75bps last week. That’s the third time this year and pushes the federal funds rate to a 3-3.5% target. As anticipated, equities have reacted negatively, and bond yields have spiked. The market is now pricing our earlier call of a 4.5-5 percent […]
