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Hedge Funds

Top Hedge Funder Says Retail Slump Is A "Forever Trend”

by feedproxy.google.com posted 1year ago 192 views
Hedge fund manager Jason Mudrick has dire predictions for the country’s retail sector, and he’s betting big on reaping the rewards. Mudrick, whose Mudrick Capital Management focuses on distressed investments, told Bloomberg that retailers’ problems are here to stay. “This is a forever trend,” Mudrick said on Bloomberg TV. “When you think about how things are going to look 10 years from now, or 20 years from now, our parents will be dead, our kids […]