Jump to content

30/12/19 Wolf Richter: I, Who Vowed to Never-Ever Short Stocks Again, Just Shorted the Entire Market


Recommended Posts

Personally I believe much of that money currently locked up in inflated asset and stock prices should be crystallized (realized) in real economy expenditure, thus closing the income inequality gap to some extent and rebuilding America's infrastructure, providing affordable housing for all etc.  The fact that the rich have all this money and don't spend it is the real reason why inflation and growth are so low.

Link to comment

Sorry not January 2019, but March 2019.

It's amazing how often the Boeing share price would jump on 'reports' on the 747 Max coming back into service within a few months.  You'd have to have gone short early and held on ('sell and hold') to really benefit.

2006978844_BoeingCo(AllSessions)_20200203_00_51.thumb.png.57aa7ef3070f78e1ffa141876649d652.png

Edited by dmedin
Link to comment
On 01/02/2020 at 15:31, wjw22 said:

Wolf Street on 30/12/2019:  I, Who Vowed to Never-Ever Short Stocks Again, Just Shorted the Entire Market

I do hope he lets us know how he gets on. 

Novice compared to yourself but,huge loss of investors in oil  and OPEC meeting aprox 14 Feb with a view to cutting production and the China virus hitting global economy plus the period of around two weeks before symptoms and it really only got declared  properley on 31 dec ,it seems reasonable to me that there will be atleast a doubling of cases  in the coming weeks and combining the slowdown and the timing of talks the price v other events such as sars beleive oil will drop to $40 before anything gets better and possibly lower.

  • Like 1
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...