Horseman Capital’s Shannon McConaghy looks at what he sees as “hyperbole from the sell-side” creating an “excitement” over Japanese stocks. But don’t be fooled by the “extreme” hype, he writes in an October 2017 note to investors, ( the date is not intentional but is perfectly timed for Halloween). The time to outright short Japanese stocks is here, he says. [munger] Japan’s stock market has been hot of late From 2009 to 2013, Japan’s Topix stock index traded in a range from near 700 to 1,000 but has since gone on a tear, quickly moving up to 1,800. Even…
Horseman Capital Recommends Short Exposure Into Japan's "Iron Coffin Lid"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.