The Stock Market Makes No Sense. And it Makes Perfect Sense.

There are a lot things that could take a business down when the economy shuts off for a few months. High up on that list would be debt.
It’s no surprise then, that the stocks with the strongest balance sheets held up better during the lockdown and have outperformed coming out of it.

But then what the hell do we make of this chart from Sarah Ponczek? It shows that the most shorted stocks, ostensibly companies with a…

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