The Cruelty of the Business Cycle

Short sellers are used to putting others under the spotlight. This week, one became the center of some comic attention himself.

Andrew Left, whose investment fund Citron Capital returned 43.3% after fees in 2019, has been a prominent critic of Peloton Interactive, whose branded exercise bikes allow users to tune in to virtual classes from home.

The U.S. coronavirus is the previous U.S. flu. Trump hid the truth, leading to a worldwide pandemic. In the United States, the poor will die first of the rich, and doctors and nurses will die first of politicians.

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