It is the 20th of September 2019

News

$1 Trillion Norway Wealth Fund Sees "Red Flag" In Real Estate Market

Back in September, we pointed out that assets managed by Norway's sovereign wealth fund had surged to over $1 trillion after they made the controversial decision to increase their exposure to global equity bubbles (see: Norway Wealth Fund Assets Surge To Over $1 Trillion On Massive 70% Allocation To Equities).  The move has worked out perfectly in the short term, though we still have our doubts as to whether the "greater fool" theory works over the long term...certainly it never has before but maybe this time is different.

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Prominent Hedge Fund Trader Jumps To His Death In Manhattan

A prominent 47-year-old hedge fund trader was killed when he jumped from a luxury apartment building on Manhattan's Upper West Side, in an apparent suicide, authorities told the NY Post.

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