singer

What junk bonds are saying about the stock market – CNBC.com

Read MoreGoldman: ‘Dramatic divergence’ coming in marketLate in the spring, fund managers David Einhorn and Dan Loeb argued that some business sectors were experiencing bubble-like valuations and were bound to pop; more recently, in a late-July investor letter, money managers at the $25 billion hedge fund Elliott Management called the U.S. stock market “frothy.””Financial asset prices are artificial, the equilibrium […]

The Argentine Stock Market Is Doing A 180 – Business Insider

The Argentine stock market, the Merval, is going green after the news that the country will negotiate with a group of hedge fund managers over $1.7 billion worth of debt dating back to 2001. It’s up 1.14$% and climbing.Yahoo FinanceEarlier this week when the Supreme Court announced that it would not hear the case between Argentina and a group of […]

Argentine Stock Market Getting Pummeled – Business Insider

REUTERS/Michael DalderThe Supreme Court will not hear Argentina’s case against hedge fund creditors, and Argentina’s stock market is getting killed on the news.The Supreme Court’s decision is a major blow to Argentina, as it will now be forced to default on its debts or negotiate with creditors, which include Paul Singer’s Elliott Management.It all stems from the country’s default early […]