• Home
  • About/Contact Us
  • …Donate…
  • Subscribe
  • Commenting
  • Privacy
  • DISCLAIMER
  • Interesting Stuff

Short Interest on S&P Hits New Lows

Taps Coogan – November 27th, 2020

Enjoy The Sounding Line? Click here to subscribe.

Imagine a year with a global pandemic, the sharpest decline in global economic activity ever, the biggest peacetime jump in global debt and unemployment on record, and one of the quickest 30% drops in equity markets on record followed quickly by the narrowest all time highs ever seen. Now imagine that short interest on the market trended lower virtually all year, falling to the lowest levels in at least 15 years and likely the lowest levels ever.

Via Jeroen Blokland

Short selling has become all but non-existent and neither a radical deterioration in the economy nor improvement seem to change that fact.

If you’re looking for a definition of central bank induced moral hazard, you’d be hard pressed to imagine a more conspicuous example. Begrudgingly or not, it appears that investors are finally behaving as though the ‘Fed Put’ is truly omnipotent.

Would you like to be notified when we publish a new article on The Sounding Line? Click here to subscribe for free.

November 27, 2020 Taps Coogan

Post navigation

David Rosenberg: We’re Turning into Japan → ← Happy Thanksgiving
Subscribe
Notify of
guest
guest
1 Comment
Inline Feedbacks
View all comments
Reality
Reality
1 month ago

Clowns are all on the same side of the boat. They’ll get what they deserve soon enough.

1
0
Reply

TOP NEWS STORIES

  • Children Have Become a Luxury Item
  • The Bull Case for Oil
  • 2.7 Million People Continually Postpone Their Mortgage Payments
  • Iran & China “Caught Red-Handed” in Illicit Oil Transfer off Indonesia
  • Israeli F-35 Stealth Fighter Spotted in Lebanese Airspace
  • China, US Step up Military Activities near Taiwan
  • China’s Oil Demand at Risk as Millions Scrap New Year Travel
  • In Mass Tech Exodus, Yet Another Firm Is Leaving the Bay Area for Texas
  • After Skyrocketing in Majestic Short Squeeze, GameStop Shares Collapse 54% in Hours: The Zoo Has Gone Nuts
  • Why Gazprom Cut Gas Supply to Europe amid Rising Prices
  • Unique Man-Sized Mayan Mask Found in Mexico
  • There’s About to Be a Big Push to Encourage People to Pay with Their Face
  • The EU-China Investment Agreement Is a Disaster for the West
  • Currency Wars Are Back
  • Ancient Rome Brought Back to Life in 3D
  • US Technological Leadership Is Fragile
  • Kim’s Diplomatic Warriors Defecting One by One
  • Nearly 300 New Lifeforms Discovered Living in Deep-Sea Volcano’s Scalding Jets
  • ‘Aggressive’ Fight over Containers Is Causing Shipping Costs to Rocket by 300%
  • ​China’s Growing Global Stature as Weapons Producer Threatens Russia’s Export Revenues
  • Salmon Spawning for the First Time in 80 Years in the Upper Columbia River
  • Chocolatier Godiva to Close All US Stores
  • Putin’s Alleged Palace
  • More Skirmishes on the India-China Border
  • China Allegedly Surpasses U.S. as Largest Recipient of Foreign Direct Investment During Covid Pandemic
  • Historic Mania in SPACs, IPOs. Huge Fees for Wall Street Banks. Mega Paydays for Insiders. Disdain for Valuations. Blind Faith that “This Time It’s Different”
  • Eurostar Near Collapse, Asks for Bailout, Becomes Hot Potato
  • Canadian Mom Fined for Letting Grandparents Babysit Kids While She Went Grocery Shopping
  • Goldman’s Clients Are Freaking out About a Stock Bubble: Here Is the Bank’s Response
  • Will Venezuela Go to War with Guyana over Oil?
  • Record-Breaking Air Pollution Chokes Central Asia as Cold Snap Sends Coal Use Surging
  • Samsung May Build $10 Billion Foundry in Austin, Texas
  • Personalized Skin Cancer Vaccine Demonstrates Long-Term Effectiveness
  • Dutch Police Arrest Alleged Asian Drug Syndicate Kingpin, One of the Most Wanted Men the World
  • China Goes on PR Offensive After Studies Cast Doubt on Its Vaccines’ Effectiveness
  • Amazon Demands in-Person Union Vote After Arguing Mail-in Ballots ‘Raise Risk of Fraud’
  • Dry Bulk Shipping Revs up After ‘Extraordinarily Bad Decade’
  • Not a Moment too Soon: The Navy Hopes Its New Frigates Will Snap a Twenty Year Streak of Terrible Shipbuilding Decisions
  • China Boosting Naval Footprint at Its Southern Tip, New Satellite Images Suggest
  • China Risks a Himalayan Water War with India
  • Russia Sees Lowest Foreign Investment Since 1994
  • Alberta Demands Direct Compensation from U.S. If Keystone XL Pipeline Canceled
  • Is China Nearing Peak Aluminum After Record 2020 Output?
  • Money Pit: No More Freedom Class Littoral Combat Ships for the Navy Until Major Design Defect Is Fixed
  • Larry King, Broadcasting Giant for Half-Century, Dies at 87
  • China Is Struggling to Keep up with Electricity Demand
  • US May Turn to Namibia for Supplying Strategic Uranium Reserve (If It Doesn’t Get Canceled)
  • Inflation Is Spreading Broadly into the Economy. Amid Surging Costs, Companies Raise Prices, and Customers Pay them, Despite Weak Economy, 10 Million Missing Jobs
  • Ice Covers the Sahara Desert for Just 4th Time in 50 Years
  • Biden Rescinds Trump Order Banning Chinese Involvement In US Power Grid
  • State Department Removes References to China, 5G, Iran Threats from Website
  • EU Parliament Says China Deal Threatens EU Credibility on Human Rights
  • African Scientists Discover Two Dwarf Giraffes So Small, They’re Only a Bit Taller Than a Human
  • Palantir’s God’s-Eye View of Afghanistan
  • Must Read: New China Swine Fever Outbreaks Point to ‘Illicit’ Vaccines Causing New Man-Made Strains

Seach

Categories

Login

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Copyright © 2020 - TheSoundingLine.com | Please read our full disclaimer and privacy policy before reading any of our content
wpDiscuz