George Soros has reportedly returned to betting against the U.S. stock market.
Soros recently directed his $30 billion Soros Fund Management to sell stocks and buy gold and shares of gold miners in anticipation of major market weakness ahead.
Soros believes currency outflows in China and an immigration crisis in Europe will soon lead to a major global economic downturn.
The “sky-is-falling” trade has become fairly crowded these days. Last month at the Sohn Conference, Stanley Druckenmiller ...
/www.benzinga.com/analyst-ratings/analyst-color/16/06/8093850/short-u-s-stocks-trade-is-getting-crowded alt=Short U.S. Stocks Trade Is Getting Crowded>Full story available on Benzinga.com
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