Horseman Capital Recommends Short Exposure Into Japan's "Iron Coffin Lid"
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.
Japan's stock market has been hot of late
From 2009 to 2013, Japan’s Topix stock index traded in a range from near . . .
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