We are re-shorting Carnival (CCL) one of our Best Ideas (on the short side). Hedgeye Jedi Felix Wang says what happens to his CCL model in New Haven, "stays in New Haven."
If you’re short the stock market today, and your boss asks why is the Nasdaq at an all-time high, here’s the only honest answer: So far, Nasdaq company earnings are up 46% year-over-year.read more
"“I am very concerned the E.U. maintains a battle against the American giants while doing everything possible to sustain so-called national champions," writes economist Daniel Lacalle. "Attacking innovation doesn’t create jobs.”read more