(Bloomberg) -- Activist investor Dan Loeb said consumer prices and jobs data seem to have exaggerated the US economy’s strength.
The billionaire leader of New York-based Third Point said in a series of tweets that there are signs of a slowdown.
“I say this all with caution and await some confirmation next week on the jobs front,” said Loeb, who wrote a thread on Twitter in response to comments by Atreides Management’s Gavin Baker.
More stories like this are available on bloomberg.com
ADVERTISEMENT
©2023 Bloomberg L.P.
ADVERTISEMENT
RECOMMENDED FOR YOU

Beyond Job Loss Hysteria: AI Can Boost Salaries By 53% Across All Roles — Key Takeaways From Naukri Report


'Don't Have To Go To Office Anymore': Delhi Man Reveals How He Earns Rs 1.6 Lakh A Month After Job Loss


Tech Layoffs 2025: Intel Cuts Over 500 Jobs; Joins Google, Microsoft In Latest Wave Of Mass Firings


'Add' Inventurus Knowledge Shares Maintains ICICI Securities — Here's Why
