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:
SEOUL - According to a report by NBC News , Google has unveiled new street view images this week to celebrate the 70th anniversary of the armistice between North and South Korea.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
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