This content is from: Premium

Greenlight Warns That the Bull Market Could Be on Its Last Legs

David Einhorn’s value-driven fund is positioned for a “problematic economic environment.”

David Einhorn’s Greenlight Capital has become decidedly bearish.In its first-quarter letter, signed by the firm and obtained by Institutional Investor, the value-driven hedge fund painted a pessimistic picture, citing rapidly rising inflation, Russia’s invasion of Ukraine, the lingering effects of Covid-19, and other global developments.“We have war, pestilence, famine, and

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content