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Bear market unlike anything I’ve seen since starting on the Street in 1980, says short selling legend Jim Chanos

Por: MarketWatch Politics January 31, 2023

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Ahead of the Federal Reserve’s decision on Wednesday, he said that in the next 6-7 months, the market is expecting corporate profits to increase by 12% this year, a Fed easing by the end of the year and inflation to come down to 2%. “That’s pretty much nirvana if you’re a bull,” he said. “They’re wrong all the time but people are pricing in a pretty nice Goldilocks scenario.” He doubts that the bull’s dream will come true.... + full article



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