
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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Victoria’s Secret Under Siege: Activists Turn Up The Heat As Stock Flounders!
Two influential investors—Barington Capital Group and Brett Blundy’s BBRC International—have gone public with demands for a board overhaul and a refocus on Victoria's Secret's core strengths.
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