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Essential Europe

How Short Sellers Are Surviving a Crazy Bull Market — While Waiting for It to End

Activist Muddy Waters leads the pack, with other short sellers doing well by going long.

Strong Markets Lifted Ivy League Returns, But PE Keeps Dragging Them Down

“What will they do with their private equity? They have a real problem.”

When the Hedges Don’t Hedge the Way You Expect

Managed futures are posting their worst results in years while global macro discretionary funds soar. The contrast reveals how investors often misunderstand what these strategies are built to do — and when they’re supposed to deliver.

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Why the Fed Prefers PCE Over CPI for Inflation Insights

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