Goldman Sachs Wrong on Economic Recovery, Macro Hedge Funds Say
Paul Tudor Jones, the billionaire hedge-fund manager who outperformed peers last year, is wagering that Goldman Sachs Group Inc. and Morgan Stanley got it wrong in declaring the start of an economic recovery.
Like the Chinese, the folks at Disney World peg their currency to the dollar. Hand them $1 U.S. and you receive one Disney dollar, complete with a picture of Mickey Mouse or his friends, plus the signature of Disney’s official treasurer, Scrooge McDuck.
The UK faces widespread power cuts for the first time since the 1970s, according to the Government’s own predictions.
Householders are set to defy a law banning “old fashioned” light bulbs by exploiting a loophole in new European legislation.