““Credit collapse, though awful, is not as awful as hyperinflation in phrases of destruction wrought upon societies.”” — Paul Singer, hedge-fund manager and founder of Elliott Management That’s hedge-fund billionaire Paul Singer of Elliott Administration, on why he thinks a deep recession and credit history collapse will be necessary to […]
dangerous
The Fed could no extended be a close friend of buyers, professionals say, and that could be a major headwind to shares in the in close proximity to-term. “What’s dangerous about yesterday’s large market place slump is that there must be an ingredient of doubting the ability of there to […]