Wall Street Girds Its Loins For a 'Hot Commie Summer'

Wall Street Girds Its Loins For a ‘Hot Commie Summer’


Hedge fund billionaire Dan Loeb is not optimistic about the future of New York if Democratic candidate Zohrasn Mamdani is elected mayor.

It’s officially hot commie summer.

— Daniel S. Loeb (@DanielSLoeb1) June 25, 2025

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Like Michael Keaton, playing the hip mortician’s assistant in “Night Shift,” Mamdani is an “idea man.”

And oh, brother, what “ideas” he’s come up with.

pic.twitter.com/tWbQESj8oX

— 🇺🇸 Kyle Bass 🇹🇼 (@Jkylebass) June 25, 2025

Wall Street adores idea men. It’s just that Mamdani’s “ideas” border on lunacy. And Wall Street does not adore lunacy.

On May 27, former governor Andrew Cuomo had odds on Polymarket of 93% to win. Those are 2016 Hillary Clinton numbers there (95% on October 20). A Super-PAC connected to investor Whitney Tilson purchased more than $25 million in

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