Thursday , 28 March 2024

Tag Archives: doomsayers

Soros’ $Billion Bearish Bet on U.S. Stocks Will Fail – Here’s Why

It’s a boom time for doomsayers according to the cover of Barron's and such paranoia-inducing prognostications are only going to get bolder, and more frequent, thanks to the fact that billionaire George Soros' hedge fund firm has increased its bearish bet on stocks – a put position on the S&P 500 Index – by a staggering 154% in the most recent quarter...accounting for 11.13% of his holdings...implying that the stock market is headed for a nasty fall. The efforts of the doom-and-gloom crowd to try and scare you stockless aren't going to succeed this time, though, and here's why.

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