One Man’s Opinion: “We Are Unsure Whether To Wear A Helmet Or A Diaper” – Merger Arb Funds Crushed

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By ZeroHedge 2015 was the year of M&A (Mergers & Acquisitions): some $5 trillion in global merger and acqusition deals were announced, the highest level ever, topping even pre-crash 2007. In fact, last year there were more mega-deals, those valued at $20 billion or above, than ever. In all, there were 17 deals at or above that value compared with …

Twitter Up, Inflation Down

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[Chart courtesy of MarketWatch.com] 1. Moving The Markets Stocks slipped in mixed volume as investors weighed a rise in job openings against concerns that the Federal Reserve will start to withdraw stimulus. In the stock market today, Lumber Liquidators (LL) plunged 14% in huge volume, closing below its 200-day moving average, after its fourth-quarter earnings outlook came in slightly below …