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Exclusive: Hedge fund Elliott says stocks could fall 50% from February highs - letter

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Home Blogs > Business
Apr 16 '20 | By oiam2companyadmin | Views: 43 | Comments: 0

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Billionaire Paul Singer’s Elliott Management said global stocks could tumble more -- ultimately losing half of their value from February's high -- as the world braces for the deepest recession since the 1930s-era Great Depression, according to a letter sent to clients on Wednesday and reviewed by Reuters.
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Source: https://www.reuters.com/article/us-health-coronavirus-elliott-exclusive/exclusive-hedge-fund-elliott-says-stocks-could-fall-50-from-february-highs-letter-idUSKCN21Y23O?feedType=RSS&feedName=businessNews

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