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Odd Lots

Jim Chanos On Why Some of the Worst-Hit Stocks Still Have a Long Way Down

And it’s not just the tech and meme stuff that’s vulnerable here.

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Despite the carnage we’ve seen across the stock market, valuations still have much further to fall.

That’s the view of Jim Chanos, the president and founder of Chanos & Company LP, the hedge fund firm formerly known as Kynikos Associates Ltd. He argues that investors have yet to grasp what the potential end of low interest rates means for the market cap of a wide variety of companies.