It would seem that the days of the mighty dollar may no longer be so mighty. Instead, it is the British pound that is the latest flavour of the day.
The British Pound is at its lowest level against the dollar for 31 years. The drop is the result of growing fears of a so-called “Hard Brexit” and that Britain will be forced out of the European single market during negotiations to leave the EU. Al Jazeera’s UK correspondent, Barnaby Phillips reports from central London.
Andrew Spokes, managing partner at Farallon Capital Management stepped in for founder Thomas Steyer in 2013 and has been hedging big bets for the firm ever since. Spokes is now relinquishing quite a bit of Amarin (AMRN) stock and getting on the cannabis bandwagon by putting money into Tilray (TLRY). Spokes joined the firm in […]