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Bloomberg: Despite rising bond yields, Middle East tensions, and Federal Reserve rate hikes, the most shorted US stocks are still poised for one of their best years ever.
Bloomberg reports that sustained increases in bond yields, the situation in the Middle East, and the Federal Reserve's actions to curb inflation should have diminished the appeal of the most shorted U.S. stocks. However, this group of stocks has defied expectations, rallying and heading towards one of its best-performing years on record.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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