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Short-selling could sweep stock market if inflation pushes up borrowing costs

Discussion in 'Market News' started by Lily, Oct 16, 2016.

  1. Lily

    Lily Forum Member

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    Veteran short-seller Simon Cawkwell says rising inflation could see investors targeting shares that are overvalued, squeezing weaker companies

    A wave of speculative bets on company share price falls could sweep through the London stock market if recent rises in inflation push up borrowing costs, according to a veteran short-seller.

    Simon Cawkwell, 70, is reputed to have made several fortunes placing financial bets against the shares in companies ranging from Maxwell Communications Corporation and Polly Peck in the early 1990s through to Northern Rock in 2007.

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