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Japan CPI +2.7%; Tale of Two Headlines
April 25, 2014 0

Japan CPI +2.7%; Tale of Two Headlines

By News Desk

The Wall Street Journal reports Japan CPI Rises Less Than Expected . A closely watched Japanese inflation gauge rose a bit less than expected in April, the government said Friday, creating room for possible doubts among Bank of Japan 8301.TO +0.81% policy makers that the recent increase in the domestic sales tax would stoke strong upward price movements

Einhorn Shorts "Cool Kid" Bubble Tech Stocks
April 23, 2014 0

Einhorn Shorts "Cool Kid" Bubble Tech Stocks

By News Desk

Greenlight Capital hedge fund manager Einhorn Shorting Tech as ‘Cool Kid’ Stocks Show Bubble . Greenlight Capital Inc., the $10.3 billion hedge-fund firm run by David Einhorn, said it was betting against a group of technology stocks as evidence grows of a bubble.“There is a clear consensus that we are witnessing our second tech bubble in 15 years,†the New York-based firm said in a quarterly letter to clients today. Greenlight said that companies it’s betting against may fall by at least 90 percent “if and when the market reapplies traditional valuations,†according to the letter, a copy of which was obtained by Bloomberg News.