With housing starts at their highest level since 2008, Moody’s Analytics Celia Chen explains why despite recent setbacks, housing remains the foundation for the economic recovery. Bobbi Rebell reports.
Activist investor Bill Ackman tells Reuters Impact Players host Robert Wolf that betting against a firm – even if it’s a possible pyramid scheme – is perceived as dirty, while going long a firm for profit is accepted as normal behavior.
The benefits of being the largest firm or a member of the biggest political dynasty are overstated. In fact, being big has become a detriment, says Nicco Mele, author of “The End of Big.” Mele says smaller, more nimble outfits are now the ones to watch.