Bloomberg Scion Asset Management founder Michael Burry said while inflation has peaked, it is likely to pick up again in response to government stimulus. “The US in recession by any definition,” Burry, the investor made famous by Christian Bale in the 2015 movie The Big Short, said on Twitter. “Fed will cut and government will stimulate. And we will ...

Bloomberg Germany vowed to crack down on people responsible for violence around the weekend’s New Year celebrations, in which dozens of police, paramedics and firefighters were injured. “The government, and of course the chancellor as well, condemns these at times massive attacks in the strongest possible terms,” Christiane Hoffmann, a spokeswoman for Chancellor Olaf Scholz, said on Monday at the ...

Bloomberg European natural gas prices started the New Year declining as mild weather curbed demand. Benchmark futures dropped 7.9% to the lowest level since February 21, extending three weeks of net declines. Weather forecasts point to temperatures above seasonal norms for most of the region in next two weeks, which will help Europe avoid depleting its stocks too soon as ...