As the market was falling in early 2020, most people were losing money. Some however, were making more money than ever before. In this case, Bill Ackman made huge returns and then after a substantial profit was made, he flipped it back and became bullish. Today, he has suggested it’s time to once again become concerned. Investor complacency is the key word he discusses and so let’s keep that in mind.
Bill Ackman’s ‘single best trade of all time’ turned $27 million into $2.6 billion — now he’s trying it again – MarketWatch
Bill Ackman’s ‘single best trade of all time’ turned $27 million into $2.6 billion – now he’s trying it again
” ‘I hope we lose money on this next hedge.’ ” That’s billionaire investor Bill Ackman talking at a digital conference to private equity investors and investment bankers this week about his latest wager on what he believes will be a rough stretch for American corporations due to the economic hit from the coronavirus pandemic.
Ackman places new bet against corporate credit | Financial Times
Hedge fund manager Bill Ackman has put on another bet that companies will struggle to pay their debts, just eight months after he cashed in a $2.6bn profit from a similar trade at the start of the pandemic.
Mounting commercial real estate losses threaten banks, recovery
Buried in the fine print of Signature Bank’s third-quarter earnings was a hint of the financial storm that could be about to break over the U.S. economy. The Manhattan bank last month set aside nearly $53 million to cover potential loan losses largely due to the coronavirus pandemic’s impact on the U.S.
Pfizer CEO sold $5.6M of stock on the DAY of the vaccine announcement | Daily Mail Online
Company said on Wednesday the sale was part of a pre-announced trading plan Bourla sold 132,508 shares at $41.94 a share, according to a SEC filing Tuesday Pfizer on Monday said its experimental COVID-19 vaccine was more than 90% effective based on initial trial results, sending its shares higher Pfizer and German partner BioNTech SE said no serious safety concerns were found so far and expect to seek U.S.
SEC FORM 4
Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C.
Bourla Albert – SEC Form 4 Insider Trading Screener – OpenInsider
Insider trades for Bourla Albert. Monitor SEC Form 4 Insider Trading Filings for Insider Buying and Selling. Real-time Insider Trading Stock Screener. Long and Short Trading Ideas using Insider Transaction Data.
Job Openings, Hiring in Banking Are Falling, While Firings Rise, Offers Pay Less – Bloomberg
Should working from home be taxed? – MarketWatch
Should remote workers be taxed? Those who work from home are getting a free ride, argues a new analysis from Deutsche Bank, and the economic ills that have been exposed by the sudden migration of roughly half the workforce to their living rooms rather than offices should be partially offset by a tax.
Global Rich Are Rushing to Buy UK Country Homes and Historic Estates – Bloomberg
Chipotle opens its first digital-only restaurant as online orders soar
Chipotle Mexican Grill on Saturday will open first digital-only restaurant. Unlike a traditional Chipotle location, it will not include a dining room or a line for ordering.
More money has been going into equities, stocks, at this time because of very low interest rates. This has been going on while we have seen major changes in the economy. There has been considerable investment now.
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