Moab Benefits From Trump Victory With Mexican Exposed Retailer

With “Trump trades” starting to look overcrowded – as AB Bernstein research recently suggested – Moab Partners ’ Michael Rothenberg must be smiling. The portfolio manager for the $568 million New York-based Long / Short hedge fund had established his trade on the short side of a border wall and is now tallying the results.

Moab Partners - "Holy Cow!" Wall Street consensus changes its mind on a dime

The Wall Street “consensus” over a Trump election victory was a manic event. Before the election, the concern was that a trade war would spark a worldwide recession. Magically, after the election a new world order appeared before investors eyes as sharp election night losses -- stock futures were down as much...