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Breitbart Business Digest: There's Still a Big Hidden Force for High Inflation in the Economy

Breitbart Business Digest: There's Still a Big Hidden Force for High Inflation in the Economy
breitbart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from breitbart.com Daily Mail and Mail on Sunday newspapers.

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Bill Ackman's Pershing Square Follows Hedge Fund Rush to AI, Cuts Consumer Plays

Investment fund Pershing Square has cut its stakes in consumer stocks, adding to its Alphabet holdings for AI exposure. ....

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Rosenberg: Ackman's Treasury Bet Could End As Badly As Herbalife Wager

Bill Ackman revealed he's shorting US Treasurys as a hedge against high inflation, but David Rosenberg says falling rents could see inflation "melt." ....

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Top economist David Rosenberg says Bill Ackman's bet against Treasurys could end as badly as his Herbalife wager

Bill Ackman revealed he's shorting US Treasurys as a hedge against high inflation, but David Rosenberg says falling rents could see inflation "melt." ....

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Lack of Debt Deal Sees Gold Price Drop as Fed Rate Forecasts Rise to Pre-SVB Levels

Gold priced in the Dollar dropped near last Thursday s 7-week lows on Tuesday after a Fed official called for 2 more 2023 rate rises to fight inflation and the lack of a debt-ceiling deal in Washington drove bond yields to the highest since before SVB collapsed ....

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