In a note released on March 5, Jefferies economists invoked Donald Trump to take a swipe at Zero Hedge by including the following fictional Trump-esque rant:
“Lightweights like Zero Hedge might point to a sub-50 ISM as another reason to hate equities, but there’s a reason why little ZH is a choker, a reason he’s got one of the worst records in predicting markets anywhere, just a harrable record, harrable, I mean, successful people have pointed out that he’s 0 for 2600. He’s succeeded at being wrong. Success is my son-in-law, I’m successful, my daughter is both beautiful and successful. I have many successful friends.”
Zero Hedge got some satisfaction only about a week later when Jefferies reported its worst quarter since the financial crisis, which included the firm’s first non-GAAP loss in any quarter since 2008.
Today, banking sources are saying…
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