Top Hedge Fund News, Member Posts, Hedge Fund Daily Indices and more!

4yrs ago Hedge Fund dealbreaker Views: 247

That is, if you’re not already in voluntary quarantine in Westchester, in which case Rick Santelli thanks you.

The Biden bounce lasted for about as long as the former vice president can manage a string of coherent, grammatical sentences. Coronavirus cases worldwide have topped 100,000—although Rick Santelli wishes it were more like 330 million.

Maybe we’d be just better off if we gave it to everybody, and then in a month it would be over because the mortality rate of this probably isn’t going to be any different if we did it that way than the long-term picture, but the difference is we’re wreaking havoc on global and domestic economies.

Unrelatedly (we think), Jamie Dimon is in the hospital. So, how are you looking forward to your Friday?

If the 124-year-old blue-chip index DJIA closes lower [today], it will have put together its longest run of Friday losses, seven straight, since the string of eight straight Friday losses that ended July 2006, according to Dow Jones Market Data…. “Fridays have become the scariest day of the week because we know with a high percentage of certainty that there’s going to be more bad news, and we have seen how that manifests in equity valuations,” Art Hogan, chief market strategist at National Securities, told MarketWatch.

Enjoy your weekend!

Dow risks longest Friday losing streak in 14 years as coronavirus has Wall Street dreading weekends [MarketWatch]
Dow soars more than 1,100 points as market rallies off Biden win, UnitedHealth pops 10% [CNBC]
Dow tanks more than 950 points as Wall Street’s roller-coaster week continues [CNBC]
Cases of infection pass 100,000, and W.H.O. calls for wider action [NYT]
CNBC’s Rick Santelli suggests giving everyone coronavirus to spare the economy [MarketWatch]
JPMorgan CEO Jamie Dimon Is Recovering After Emergency Heart Surgery [WSJ]


Today's Hedge Fund Headlines:

Log In for More
Access Over 250K+ Industry Headlines, Posts and Updates
Not a member yet?

Join AlphaMaven

The Premier Alternative Investment
Research and Due Diligence Platform for Investors

Free Membership for Qualified Investors and Industry Participants
  • Easily Customize Content to Match Your Investment Preferences
  • Breaking News 24/7/365
  • Daily Newsletter & Indices
  • Alternative Investment Listings & LeaderBoards
  • Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets, Presentations, Investment Mandates, Video PitchBooks & More!
  • Company Directory
  • Contact Directory
  • Member Posts & Publications
  • Alpha University Video Series to Expand Investor Knowledge
  • AUM Accelerator Program (designed for investment managers)
  • Over 450K+ Industry Headlines, Posts and Updates
ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.