Jim Chanos says there's something wrong with the stock market when rates this low cause panic

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Prominent short seller Jim Chanos says he’s concerned about how fragile the stock market is to increases in interest rates.

 

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So 10 weeks ago everyone on CNBC and Fox Bizz said that the economy and stock markets were so strong - so strong that the Fed was going bonkers on the need for fast and furious rate hikes. So what changed over the last 10 weeks, or did the talkingheads just have it all wrong ?

ClosingBell Floating rates on CLO's might have something to do with it.

ClosingBell He is a scammer he will talk the market down then buy the same stocks fraud

Nobody have a crap about rates when I was raising a family at 16%. Why do they care now?

jennablan What the hell else would a short-seller say?

jennablan I wonder if the volatility surrounding the rate hikes have to do with the exploding national debt. I've had this theory for about a month now.

Was hoping $CAT put him out of business.

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