Banning Short Selling Is a Bad Idea
It hasn’t worked in the past — but some seem to think it might just work this time.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Not keen on short-sellers.
Photographer: Cyril Marcilhacy/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Quick reminder — if you haven’t yet listened to Merryn’s latest podcast with Dario Perkins of TS Lombard, you really should. It’ll give you an excellent framework for understanding what’s going on with markets and inflation at a “big picture” level. Here’s the link.