Are There Any Stock Bears Left in America?
- Short Sellers heading for their worst year since 2013
- Euphoria signs: falling cash, rising leverage, bitcoin mania
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Something’s missing from Craig Callahan’s long-short fund. The shorts, namely.
“Morningstar kicked us out of their category,” said Callahan, who helps oversee $2 billion as president at Icon Advisers Inc. in Greenwood Village, Colorado, and hasn’t bet against a stock in two years. “We’re in a great bull market. This market is going higher. Why short now?”