US economy
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Hedge fund boss Dan Loeb: Consumer price and employment data may exaggerate the strength of the US economy
According to reports, Dan Loeb, an activist investor, said that consumer prices and employment data seemed to exaggerate the strength of the US economy. In response to the comments of Gavin Baker of Atreides Management, the billionaire manager of Third Point, a hedge fund in New York, said that the signs of economic slowdown had appeared. “My statement is very cautious, waiting for some confirmation in employment next week. Interpretation of this information: The statement made by Dan Loeb, an activist investor, has raised concerns about the US economy, suggesting…