Third Point RE was up 1.7% in the month of June, leading to a return of 5.5% YTD for the event-driven hedge fund run by Dan Loeb – we already reported the returns along with Greenlight Capital’s H1 returns, but below readers can also find a brief stat sheet for June. Stay tuned for Loeb’s Q2 letter to investors, which should come out in a few days- weeks.
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Economics
Consumer Sentiment Improves for the First Time in Six Months
But it is still significantly lower than it was in December. Consumers are a bit more optimistic about the economy this month, according to a key gauge of consumer sentiment,...