May 26, 2018 11:16 am

Fund Managers Still See December As Most Likely Timing For Fed Tapering Despite Crisis In Washington

The BofA Merrill Lynch rates and FX strategy team has just published the results of its October fund-manager survey, which contains an interesting observation: Investors still view the December FOMC meeting as the most likely timeframe in which the Federal Reserve will begin scaling back its quantitative easing program. Thirty-seven percent of the 80 global […]

Icahn Tweets A New Investment In An Energy Company And The Stock Is Surging

Billionaire activist investor Carl Icahn disclosed a big investment over Twitter in Talisman Energy and the stock is going nuts in after-hours trading.  Shares of the oil and gas exploration company’s stock were last trading up around 13%.  According to a securites filing with the SEC, Icahn bought 61,554,602 shares, or a 5.97% stake, in […]

This Weekend, I Tried To Beat Dan Loeb’s Time In The Half Ironman Triathlon

About five weeks ago, I wrote a post about hedge fund manager Daniel Loeb’s “pretty lame” triathlon times. Admittedly, the post was tongue-in-cheek. There’s absolutely nothing lame about finishing a 70.3-mile race involving swimming (1.2 miles), biking  (56 miles) and running (13.1 miles) no matter how long it takes you, let alone running a hugely […]

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