His latest warning comes in the midst of earnings season, two days before the Federal Reserve decision on interest rates and four days before the key January employment report.
According to Chanos, the market will not be able to overcome rising rates and falling corporate profitability."Things are not cheap," said Chanos, who acknowledges stocks are still cheaper than 18 months ago. "But people are pricing in a pretty nice Goldilocks scenario."
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Jim Chanos' best quotes on debt default, Tesla, and recent market ralliesShort-seller Jim Chanos warned of a US debt default black swan, slammed Tesla's rally and said bulls have dreamed up a 'nirvana' outlook in a recent interview. Here are his 11 best quotes. JIM CHANOS: 'Since the first quarter of 2021, which I keep saying was the most speculative market I've seen in my lifetime – the meme stocks, the SPACs, NFTs, crypto
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