[ad_1] Billionaire investor Bill Ackman has attributed the recent dramatic volatility across rates, currencies, and equities to “forced selling” by highly leveraged market participants, rather than fundamental economic shifts. What Happened: In an X post, Ackman argued that investors and market commentators are overinterpreting short-term market movements, mistaking technical liquidations for signals of underlying economic […]
Rogers Scores $5 Billion Blackstone Deal To Cut Debt, Unlock…
[ad_1] Rogers Communications Inc. RCI said on Friday it has entered into an agreement to receive a 7 billion Canadian dollars (~$5 billion) equity investment from funds managed by Blackstone Inc BX, supported by several Canadian institutional investors. The deal gives Blackstone a minority stake in a newly formed Rogers subsidiary tied to a portion […]
Trump Says He Will Impose 25% Tariffs On Canada, Mexico On F…
[ad_1] President-elect Donald Trump has announced plans to impose a 25% tariff on all products from Mexico and Canada in response to the ongoing border crisis, stirring economic concerns. What Happened: Trump took to Truth Social on Monday, to express his concern over the increasing number of people crossing the borders from Mexico and Canada into the United […]
Viridian Chart Of The Week: A Different Perspective On Valui…
[ad_1] Analysts have a range of choices when valuing cannabis companies. Viridian commonly uses Discounted Cash Flow Analysis, Public Company Comparables, and M&A Precedent Transactions to value both small private concerns as well as larger public companies. But, consider the task of valuing a company where the current asset value is […]
Trump Advisor’s Proposal Of ‘Shadow Fed Chair’ Turning Jerom…
[ad_1] Renowned economist Claudia Sahm expressed concerns over a proposal by a Trump advisor to establish a “shadow Fed chair,” potentially undermining current Federal Reserve Chair Jerome Powell. What Happened: Sahm’s comment came in response to a post by Heather Long, an Economic columnist for The Washington Post, detailing a plan proposed by Scott Bessent, […]
Meghan Markle Says She Invested In A Luxury Brand After ‘Goo…
[ad_1] Meghan Markle has become a minority stakeholder in Cesta Collective, a brand known for its handwoven bags. What Happened: Markle, the Duchess of Sussex, discovered Cesta Collective while browsing online, “I spend a lot of time just Googling, looking for brands,” she said. She recently invested in the brand, which employs women in Rwanda […]