Icahn Enterprises Responds to Self-Serving Short Seller Report: “We recently have taken steps to reduce the short positions in our hedge book and concentrate for the most part on activism, which has served us so well in the past.”

by Dismal-Jellyfish Source: https://finance.yahoo.com/news/icahn-enterprises-responds-self-serving-150000648.html How is this related to GME? Icahn allegedly holds a short position in GameStop: https://www.thestreet.com/memestocks/gme/gamestop-stock-carl-icahns-short-could-backfire https://www.reuters.com/business/carl-icahn-holds-short-position-gamestop-bloomberg-news-2022-11-21/ Reducing the position potentially? Buying pressure?

Inflation Alert! Fed releases Inflation Expectations Fall at Short-Term Horizon but Rise Slightly at Longer Horizons. One-year (4.4%), 3year (2.9%), and 5-year (2.6%) inflation expectations all higher than the Fed’s target of 2%. Inflation appears to be becoming anchored in consumers expectations.

by Dismal-Jellyfish Source: https://www.newyorkfed.org/microeconomics/sce#/hhincexp-1 The main findings from the April 2023 Survey are: Inflation Median inflation expectations declined by 0.3 percentage point at the one-year-ahead horizon to 4.4%, but increased by 0.1 percentage point at the three- and five-year-ahead horizons to …

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WHY DID NOBODY LISTEN? For nearly 2 months, a short seller was warning on Twitter that Silicon Valley Bank was about to blow up. ‘It was sitting there in plain sight.’

via fortune: The tweets started on Jan. 18, the day before SVB reported earnings, when Martin’s account posted a prescient thread that began: “Investors have rightfully been fixated on $SIVB’s large exposure to the stressed venture world, with the stock down …

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FINRA Alert! Short Interest – What It Is, What It Is Not. In post, FINRA calls out how some websites might be redistributing the Short Sale Volume Daily File and refer to the data as “short interest,” incorrectly.

by Dismal-Jellyfish Source: https://www.finra.org/investors/insights/short-interest What Is Short Interest? To understand what short interest is, we should first talk about short sales. Put simply, a short sale involves the sale of a stock an investor does not own. When an investor engages in short …

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Credit card delinquency is the new big short

by  ihpalash I urge everyone to read this article carefully. https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ ​ More people are using their credit cards, to fight inflation. Put their income is not enough to live by. So they racking up credit card debt, ​ People …

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