Brexit is the gift that just keeps on giving - to the shorts. Right Nige?
Bloomberg have a piece up on the views of Steve Eisman, money manager "who famously predicted the collapse of subprime mortgages before the 2008 financial crisis"
- He is short U.K. banks over expectations of a no deal exit
- "I'm shorting two stocks in the U.K., but I've got a screen of about 50, and I might short all 50 if I think Jeremy Corbyn is going to be prime minister"
Adds Bloomberg:
- While Eisman didn't give any clues as to which lenders he's targeting, Metro Bank Plc and CYBG Plc are the most shorted financials in the FTSE 350 Index, according to data from Markit.
