France might have political ambitions for more leadership in Europe, but cutting its ties with Germany could raise its risk premium, veteran financier George Soros tells Thomson Reuters Digital Editor Chrystia Freeland.
David Einhorn’s Greenlight had a strong fourth quarter; Gains on Neubase Therapeutics [Q4 Letter]
David Einhorn's Greenlight Capital was up 5.2% in 2020, underperforming the S&P 500's 18.4% return. For the fourth quarter, the fund was up 25%, which was its best quarterly result ever. Longs contributed 42% during the fourth quarter, while shorts detracted 15% and macro detracted 1%. Q4 2020 hedge fund letters, conferences and more Growth Read More
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Members of a euro zone that does not feature Germany in its midst could borrow at rates comparable to Japan or the U.S., veteran financier George Soros tells Thomson Reuters Digital Editor Chrystia Freeland.
The ECB’s action on Thursday might have pleased markets for now, but it is bad news in the long run, veteran financier George Soros tells Thomson Reuters Digital Editor Chrystia Freeland.
Germany needs to embrace its leadership role in Europe or leave the euro. Link to video –here.
Imposing austerity and the burden of adjustment on the debtor countries could push Europe into a prolonged depression. Link –here.