Thursday, November 24, 2011 0 comments ++[ CLICK TO COMMENT ]++

Jim Chanos' latest thoughts

Twenty minute Bloomberg video of esteemed short-seller Jim Chanos' latest views on USA, China and the current state of affairs. This is sort of like beating a dead horse—at least on this blog—but I think China is an important story if you aren't bearish like me.

NOTE: Bloomberg video has a flaw and the video starts playing automatically for some unexplainable reason.

It's not clear to me why Chanos says he is long Citigroup as a hedge against the Chinese bank shorts. I had thought that the Chinese shorts were a directional bet so not sure what going long Citigroup does. Furthermore, I'm not entirely sure that the US bank stock behaviour is related to Chinese bank stocks.

Tags: ,

No Response to "Jim Chanos' latest thoughts"

Post a Comment