17 months after Ackman finally capitulated on his famous Herbalife short, and 6 years after the legendary brawl between Ackman and Icahn over the fate of Herbalife, it now appears that Ackman may have been right after all, even if his timing was off.
As a result, time after time, committee after committee of technocrat PhDs would meet, debate…offer up more agitprop jargon, and decide to build a new statue of Marx or Lenin.
"It’s not so much about what to do about inflation when it comes but about getting inflation above target. The challenge is to get inflation up to target and not very much was said about that."
"The current crisis response has made it painfully clear again that the Fed’s policies benefit high income individuals and large corporations, while small businesses and low income individuals bear the burden."
The trade-off nowadays is between inflation and financial stability. Buying more inflation will eventually create, if it has not already, financial imbalances that will trigger an economic crash...
Senior editor, Ash Bennington, hosts Tommy Thornton, founder of Hedge Fund Telemetry, to check the pulse of the market. Tommy discusses how frothy markets have…
Late model sleeper cabs are now fetching their highest average prices in a year, as Class 8 auction results continue to "remain solid" for the second month in a row.
