Bill Ackman – Charm

Why The Trump Administration’s MAGA Stock Dreams For Fannie And Freddie Could Be A Windfall For Wall Street

Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 after being named TIME’s “Person of the Year.” Spencer Platt/Getty Images The Trump administration is teeing up what could be the biggest shakeup in U.S. housing finance since the 2008 crisis—a pair of IPOs that…

Macroscope | Why critics of the Hong Kong dollar peg are getting it wrong

Cs news6 months ago04 mins

In financial markets, the Hong Kong dollar is known as a “widow-maker”, a ruinous trade that inflicts painful losses on successive generations of investors. While betting against Japanese government bonds has been the most notorious widow-maker trade, challenges to Hong Kong’s currency peg to the US dollar date back to the 1997-98 Asian financial crisis…