Tag: Canadian banks
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![Short bet against Canadian Bank TD increases by 45%]()
Short bet against Canadian Bank TD increases by 45%
Two weeks ago, Canadian bank Toronto-Dominion (TD) became the world’s most shorted bank. Hedge fund bets against TD hit $4.2 billion. This news raised some concerns for Canadians as hedge funds are clearly shorting TD for some reason. Is it a bet against the Canadian economy? Most analysts agree the short is a sympathy play…
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Why did this American legend just short Canadian banks?
Every investor is in the prediction business. We buy a stock because we believe we can sell it at a higher price in the future. We “short” a stock because we believe we can buy it at a lower price in the future. Making stock market predictions is like trying to guess the vocation of…
