Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s YTD losses to over 50%

https://www.cnbc.com/2022/06/02/tiger-global-drops-14percent-in-may-during-the-tech-sell-off-pushing-hedge-funds-2022-losses-to-over-50percent.html Chase Coleman’s Tiger Global Management suffered huge losses in May amid a tech-driven sell-off, making the hedge fund’s tough 2022 even worse. The growth-focused flagship fund at Tiger Global tumbled 14.3% in May, bringing its 2022 losses to over …

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The IMF’s EM warning: “During the pandemic, debt accumulated much faster than in the early years of other recessions, including the Great Depression….60 percent of low-income countries are now in, or at risk of, distress”

Sri Lanka and Russia have already defaulted while Egypt, Tunisia, Ukraine, and Belarus are on track to default. Rising interest rates also dramatically increase the risk of corporate default for borderline solvent businesses. Prepare your finances for a market correction. …

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