Ep 442: Shorting the pound
There have been reports that some hedge-fund bosses made huge profits by betting that the pound would fall. They did it by shorting the market. How does it work?
Sensemaker · The Observer
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
There have been reports that some hedge-fund bosses made huge profits by betting that the pound would fall. They did it by shorting the market. How does it work?
Tortoise is a news start-up devoted to slow journalism. We take our time to tell stories that really matter. If you want more slow and considered journalism, you can become a member of Tortoise to get access to more of our stories, contribute to our journalism and join exclusive events.
Just go to tortoisemedia.com/friend and use the code Tomini50 to get a year's digital membership for £50.
Hosted on Acast. See acast.com/privacy for more information.