Another Jacob Rees-Mogg Bet Turns Sour
As Brexiteer Jacob Rees-Mogg struggles to garner enough support to oust Theresa May, one of his investment firm’s wagers is also looking questionable.
GreenOak Real Estate LP has started talking to investors about a plan to raise a 1 billion euro ($1.1 billion) fund to invest in European properties such as warehouses, offices and homes, people with knowledge of the plan said.
White House economic adviser Larry Kudlow, dispatched to the airwaves as U.S. stocks tumbled, said he disagrees with the view of Goldman Sachs Group Inc. analysts that the economy will slow down soon.
As equity and credit markets roil, exchange-traded fund investors are running from risk.
The U.S. Treasury imposed financial sanctions Tuesday against Russian and Iranian companies and five individuals including at least one Syrian national.