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Dow Struggles as Economists Brace For V-Shaped Recovery in Rates

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Wall Street Billionaire Made $2.8Bn While Stoking Coronavirus Panic

“Hell is coming.” Billionaire Wall Street hedge fund manager Bill Ackman made $2.75 billion betting against markets in February. Then he went on CNBC to stoke markets’ coronavirus fears. He gave a hell, fire and brimstone declamation that drove his bets home. Looking over the timeline, what Ackman did isn’t as bad as it sounds…