The hedge funds' big shorts of 2016
The year 2016 is already turning into a sizzler for those that profit from a falling market. They're in the office early this summer with their shorts on. But for individual investors, knowing the targets of 2016 could help avoid expensive mistakes.
The year 2015 was a great vintage for the short sellers of the world, and just one week in, it appears 2016 is shaping up to be even better.
The ASX/S&P 200 is off to its worst start in over a decade. Tumbling commodity prices, nervous Chinese policymakers sparking sharemarket panic and a US Federal Reserve determined to tighten interest rates have left sharemarket investors more anxious than hopeful.
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