Prescience Point

Short answer - I highly doubt it.   Part of Friday's selloff was the fear of speculators that their Drug Dealer in Chief ("he drops paper dollars from helicopters faster than a speeding bullet") might possibly not be confirmed by the Senate.  Despite all the hand wringing I'd put the odds at 5% or...

This is not a new position for legendary short selling oriented hedge fund manager (who smoked out Enron) Jim Chanos, but he continues to pound the table on the dangers of China. [Dec 16, 2009: CNBC Video - Hedge Fund Maven Jim Chanos on Autos, Banking, and China]  It's a tough environment to be...