Asset management institution: U.S. economic and corporate resilience exceeds expectations, short sellers may be squeezed
Jinse Finance reported that Chris Zaccarelli, Chief Investment Officer of asset management firm Northlight Asset Management, commented on the US September CPI, stating that many people expected US inflation to rise significantly and established short positions. However, the market is likely to continue squeezing shorts until these bearish investors realize that the resilience of the US economy and corporations far exceeds most people's expectations.
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