3volver@lemmy.world to News@lemmy.worldEnglish · 6 months agoS&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist saysmarkets.businessinsider.comexternal-linkmessage-square56fedilinkarrow-up176arrow-down114
arrow-up162arrow-down1external-linkS&P 500 is 'bizarrely overvalued' and could crash 49% as recession sets in, elite strategist saysmarkets.businessinsider.com3volver@lemmy.world to News@lemmy.worldEnglish · 6 months agomessage-square56fedilink
minus-squareBlue_Morpho@lemmy.worldlinkfedilinkarrow-up4·6 months agoThat’s what they are paid to do. Big fund takes a short position, then pays analysts to produce stories to make their short position profitable.
That’s what they are paid to do. Big fund takes a short position, then pays analysts to produce stories to make their short position profitable.