Papal visits have become precursors to stock market pullbacks
Breakfast with Benjamin: Turns out, rare trips to the U.S. by a Pope have not always been good for stocks.
- Brace yourself for the latest stock market indicator as the Papal visit gets under way. Turns out, those rare trips to the U.S. by a Pope have not always been good for stocks. The three most recent trips were ominous signs for the markets
- Sen. Elizabeth Warren has put private equity firms in her crosshairs. The Democrat has built support for going after management fee waivers at PE funds. ‘Billions of dollars of tax revenue has already been permanently lost as a result of abusive fee waivers’
- Whistleblower Rich Gates of TFS Capital plans to try and snag a piece of the millions of dollars that the SEC hopes to get from Credit Suisse. While one arm of government may award the money to Mr. Gates, another arm of government wants to take the money away
- In order to ride the coat tails of activist investors you first have to start investing like an activist investor. Enjoy the ride
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