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Third Point's Daniel Loeb Stays Bullish on the Economy
The famous corporate agitator, whose funds returned 26 percent last year, says economic conditions will be better than people are expecting in 2014.
Daniel Loeb (Bloomberg)Daniel Loeb is upbeat about 2014’s prospects. In his fourth-quarter letter to investors, the founder of New York–based hedge fund firm Third Point said improving global economic conditions will deliver better growth. He is especially encouraged that in the U.S. there will be no budget impasse. Loeb’s fourth quarter
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