An Epic Short Squeeze: 'Occupy Wall Street' Is Back; But Their Victory May Be Short Lived.
An Epic Short Squeeze: ‘Occupy Wall Street’ Is Back; But Their Victory May Be Short Lived. Share Share “Never short a trend.” — Michael Sheimo (# 10 in my “List of 15 Nevers”, p. 218, “Maxims of Wall Street”) Many analysts, including yours truly, believe the Fed’s low-interest rate policy has created a bubble on Wall Street. Government spending is out of control (the national debt is approaching $28 trillion and rising fast). Meanwhile, the Federal Reserve has pushed interest rates down to almost zero again. The money supply (M2) rose 26% last year, its fastest rate...
Source: townhall.com