Bridgewater bets €10 billion against European stocks
Leading hedge fund almost doubles its wager in less than two weeks – expecting stock to continue to fall in value
Source: businesspost.ie
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Giant US hedge fund raises bet against Europe to €10bn
Bridgewater is targeting 28 companies including Adidas and Siemens
Source: telegraph.co.uk
Europe shares down a third week - Taipei Times
European stocks edged higher on Friday, but posted their third straight week of losses as a slew of interest rate hikes from major central banks fueled worries about a sharp economic slowdown. The pan-European STOXX 600 index rose 0.09 percent to 403.25 in volatile trade, but ended the week 4.6 percent lower. World stock markets were heading for their biggest weekly decline since a COVID-19-induced meltdown in March 2020, hit by growing worries about a recession after rate increases in the US and UK were followed by a surprise move in Switzerland to quell an inflation surge. “Bargain hunting...
Source: taipeitimes.com
Dalio Is Right to Short Europe, Strategist Says: 'The Pain Will Go on for Quite a While' – NBC Chicago
Billionaire investor Ray Dalio is right to have bet big against European stocks, according to Beat Wittmann, partner at Porta Advisors.
Source: nbcchicago.com
Hedge Fund and Insider Trading News: Ray Dalio, Steve Cohen, Two Sigma Advisors, TIFF Investment Management, MP Materials Corp (MP), HireRight Holdings Corporation (HRT), and More
Two Sigma has appointed Marco Della Torre as CEO of Venn, its portfolio analytics platform.
Source: insidermonkey.com