Bacon to Give Back $2B Amid ‘Constrained' Markets

Aug. 1 (Bloomberg) -- Louis Moore Bacon plans to give back $2 billion, or 25 percent of his main hedge fund, to investors, saying it may be too big for him to achieve past returns as "liquidity and opportunities have become more constrained." (Source: Bloomberg)
Why Energy Is Bull Market's Last Great Opportunity
23:45 - Tobias Levkovich, chief U.S. equity strategist at Citigroup, and Willem Buiter, chief economist at Citigroup, discuss the market opportunity of the energy sector, the continued bull market run and what now constitutes normal equity returns. They speak on "Bloomberg Surveillance." (Source: Bloomberg)
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