Short sellers are more bearish than they’ve been in a long time If we take seriously the message of the short sellers, we must therefore conclude that the market is in a very high-risk zone right now. “The lesson of history suggests there are several possibilities,” Professor Ringgenberg said in an interview. We could be facing “a short-term blip a la the 2013 possible default or a structural economic downturn a la 2008.”
Either way, now doesn’t seem like the time to throw caution to the wind.
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