
With Fed QT (Quantitative Tightening) running at a pace of $95 billion a month and the Treasury forecasting its cash balance to rise by $200 billion into year end, that amounts to a squeezing of liquidity that alone implies an 8% drop for the S&P 500 by the end of December, according to their model.
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Kenvue Under Pressure: TOMS Capital Pushes for Bold Moves Amid Operational Overhaul
In a surprising turn of events, TOMS Capital Investment Management has taken a stake in Kenvue and is now pressuring the company to consider a full sale or the separation of certain assets.
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