x

Politics

Bloomberg: Jim Chanos Says Markets Hope Pence Replaces Trump as President

NEW YORK – Greek-American short seller Jim Chanos lambasted a “dysfunctional” Trump administration, saying the markets hope that Vice President Michael Pence becomes president, Bloomberg reports.

Chanos is the founder of Kynikos Associates, a $3 billion New York hedgefund that specializes in short-selling.

He has supported Democratic candidates and said investors want a “more stable” person who can enact the Republican agenda.

“At the end of the day, the markets are looking for tax cuts and lower regulation,” Chanos told the media at the SkyBridge Alternatives Conference in Las Vegas. “As I joke to my Republican friends, it’s great to have lower taxes on capital gains and income, but unfortunately, under Republican presidents you have no income.”

Read the complete story at Bloomberg:

RELATED

MONTREAL- In his interview on the CTV television network, following his meeting with his Canadian counterpart, Justin Trudeau, where the strengthening of bilateral relations was emphasized and the agreement for the delivery of seven state-of-the-art firefighting aircraft was signed, Prime Minister Kyriakos Mitsotakis focused on the significant improvement in the economic climate and the increasing attraction of investments to Greece Just before the European elections in June, the Prime Minister emphasized, “For the first time, we will give the opportunity to our diaspora, those who have the right to vote in Greece, to utilize the postal vote to participate in the European elections.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

A Palestinian Baby in Gaza is Born an Orphan in an Urgent Cesarean Section after an Israeli Strike

RAFAH, Gaza Strip (AP) — Sabreen Jouda came into the world seconds after her mother left it.

NEW YORK – In the vibrant streets of Tribeca, the luxury lifestyle icon Four Seasons Hotel New York Downtown is setting the stage for a Mother's Day celebration that transcends the typical.

SACRAMENTO, CA – The Hellenic Studies Program and the Tsakopoulos Hellenic Collection at Sacramento State University, California, will celebrate their 20th anniversary on Thursday, May 9, 6:30-9 PM.

SYDNEY (AP) — Australian police arrested seven teenagers accused of following a violent extremist ideology in raids across Sydney on Wednesday, as a judge extended a ban on social media platform X sharing video of a knife attack on a bishop that started the criminal investigation.

LONDON (AP) — Several military horses bolted during routine exercises Wednesday and ran loose through central London, injuring four people and damaging vehicles during the morning rush hour.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.