The Wall Street Journal
FEBRUARY 18, 2010
by Gregory Zuckerman
It took John Paulson months to convince investors that housing would crumble.
Now it’s taking him awhile to get them excited about gold, his latest passion.
When Mr. Paulson’s Paulson & Co. late last year announced it was starting a hedge fund to make a big gold bet, many on [...]
Archive for February, 2010
Paulson Hits Hurdles in Gold Fund
Investors Exit Some Europe Bets but Remain Bearish
The Wall Street Journal
FEBRUARY 18, 2010
by Gregory Zuckerman and Kate Kelly
Some hedge funds have started to adjust their investment strategies as European officials voice harsher criticism of investors who have used exotic investments to bet against the debt of countries like Greece, traders said.
Elected leaders in France and Germany have highlighted what they view as [...]
Outlook: Where Will the Markets Go Next?
The Wall Street Journal
FEBRUARY 7, 2010
by Gregory Zuckerman
A year ago, investors were dealing with heavy losses from the most brutal stock-market selloffs in years. The last thing they expected was a ferocious bull market. And yet, shares soon began to soar — climbing more than 50%.
Last year’s unexpected stock rebound — and the sudden selloff [...]
Cost of Insuring Debt Alarms Investors
The Wall Street Journal
FEBRUARY 5, 2010
by Gregory Zuckerman
Countries have dealt with debt woes before.
But the latest fears about government debt now riling some European markets are being fueled by a relatively new trading tool that lets investors bet against nations’ bonds.
Credit-default swaps, or CDS, enable investors to protect themselves from a default of the debt [...]
