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Chanos Fears Trump's "Unmet Expectations", Warns Investors To "Rethink Almost Everything In Your Life"

Submitted by Lynn Paramore via The Institute for New Economic Thinking,

Milwaukee-born short-seller Jim Chanos, founder and managing partner of New York-based Kynikos Associates, teaches University of Wisconsin and Yale business students about corporate fraud. During his life and career, he has witnessed seismic shifts in economic thinking and the relationship between labor and capital.

 

Chanos shares his thoughts on the world emerging from the election of Donald Trump and the tumultuous political events of 2016. 

For Bill Gross, This Is The Only Thing That Matters For The Market Right Now

For Bill Gross, This Is The Only Thing That Matters For The Market Right Now

While in previous monthly letters and public statements, Bill Gross has expressed a negative view of Donald Trump, warning his tenure would be damaging, and urging investors to move to cash, culminating most recently in a Bloomberg interview in which he compared the president-elect's policies to those of Italy's fascist dictator Benito Mussolini, in his latest monthly investment outlook he takes a more practical view of what Trump's policies would mean for markets, and specifically the one variable he believes is the key for market action going forward.

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