Asset management institution: U.S. economic and corporate resilience exceeds expectations, short sellers may be squeezed
Jinse Finance reported that Chris Zaccarelli, Chief Investment Officer of asset management firm Northlight Asset Management, commented on the US September CPI, stating that many people expected US inflation to rise significantly and established short positions. However, the market is likely to continue squeezing shorts until these bearish investors realize that the resilience of the US economy and corporations far exceeds most people's expectations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The hardcore bearish whale's 20x leveraged BTC short position is now floating a profit of over $18 million.
Machi reduces 25x ETH long position, current liquidation price is $3,042.74
Trending news
MoreChainOpera AI Foundation's official website is now live; the foundation will announce its ecosystem fund, advance the construction of a decentralized AI platform, and launch new ecosystem projects.
The probability of a "25 basis point rate hike by the Bank of Japan in December" on Polymarket is currently reported at 98%.
