Hedge Fund Managers Doubt Fed's Ability to Control Inflation

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Hedge Fund Managers,David Einhorn,Inflation

Hedge fund managers and David Einhorn express skepticism about the Fed's ability to bring inflation down to its target of 2%. Einhorn's technology and sales units experience declining sales growth as companies reduce cloud computing spending. Amazon faces allegations of mistreatment of workers.

Hedge fund managers and David Einhorn said it would be difficult for the Fed to get inflation down to its 2% goal. In fact, Einhorn's technology and sales and marketing units. Sales growth in the division has declined in recent quarters as companies trim their cloud computing expenditure.

These cuts comes as Amazon confirmed it's and a failure to pay severance and benefits

Source: News Formal (newsformal.com)

Hedge Fund Managers David Einhorn Inflation Interest Rate Cuts Sales Growth Cloud Computing Amazon Mistreatment Of Workers

 

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