Jim Chanos Says Markets Hope Pence Replaces Trump as President
Jim Chanos Sees Short Opportunities in the U.S. Expanding
This article is for subscribers only.
Legendary short seller Jim Chanos lambasted a "dysfunctional" Trump administration, saying the markets hope that Vice President Michael Pence becomes president.
Chanos, who has supported Democratic candidates, said investors want a "more stable" person who can enact the Republican agenda. President Donald Trump has been embroiled in an escalating scandal over his firing of former FBI director James Comey and allegations that he attempted to thwart a FBI probe of his former National Security Adviser Michael Flynn.