Concern that short-sellers accelerate stock declines may prompt the Securities and Exchange Commission to adopt a rule next month aimed at curbing bearish bets when equities are plunging.
Similar to the movie Groundhog day - a story of a man who is living the same day over and over again. The asymmetrical bias towards the wealth effect. Rising stock prices are good. Falling stock prices are bad. Devaluation, the hidden tax, is good because it supports higher prices.
Source: bloomberg.com
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