Canadian Billionaire Prem Watsa Nailed The Trump Treasury Trade And Is Bullish On Stocks |
| November 12, 2016 | November 2016 Bond Updates |
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Prem Watsa, the CEO of Canadian conglomerate Fairfax Financial Holdings, sold nearly $5 billion in U.S. Treasury bonds ahead of the election, fearing a a renewed focus on infrastructure spending after the vote would drive post-election animal spirits and cause a sharp fall in bond prices. |
| View more at: http://www.forbes.com/sites/antoinegara/2016/11/11/canadian-billionaire-prem-watsa-nailed-the-trump-treasury-trade-and-is-bullish-on-stocks/ |
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