Activist investor Dan Loeb said consumer prices and jobs data seem to have exaggerated the US economy’s strength.
(Bloomberg) — Activist investor Dan Loeb said consumer prices and jobs data seem to have exaggerated the US economy’s strength.
The billionaire leader of New York-based Third Point said in a series of tweets that there are signs of a slowdown.
“I say this all with caution and await some confirmation next week on the jobs front,” said Loeb, who wrote a thread on Twitter in response to comments by Atreides Management’s Gavin Baker.
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