Yesterday's he has covered half his original position, making a $30.9 million profit on the 8,221 puts sold, as his original $32 million position rose in value to $60.2 million.
After a decade of unprecedented growth and seemingly endless investments, the writing is now on the wall: the Great American Shale Boom is slowing down and this could have some grave consequences...
...these consensus-smashing forecasts would send shockwaves through the markets, if they come to pass. So will they prove pure fantasy or visions of reality?
Bubbles form when excess liquidity remains bottled in one segment of finance or single sector of the economy - like during the dot.com and housing bubbles. Like right now.
"In some ways, I like the idea of waiting until after the election for the China deal. But they want to make a deal now, and we’ll see whether or not the deal’s going to be right; it’s got to be right."
“We’re trying to get a little bit ahead. You need to be mindful of the tools you have, the ground you’re fighting over, and, thirdly, who you’re fighting against.”
"At first glance, November’s decline in like-for-like retail sales of -4.9% will leave retailers reaching for the smelling salts, but context is key..."
Central bankers who would assume responsibility for tackling climate change are acting out of pretention, and could well undermine the very independence upon which their institutions rely...
