If You're Not Pissing Your Pants In Fear Over China, You're Not Scared Enough: Jim Chanos

You should be on your third or fourth pair of pants right now, according to the short seller.
Author:
Updated:
Original:

Lingering concerns about China have helped drive stock selling, but investors may still underestimate how much the world's second-largest economy has slowed, short seller Jim Chanos said Friday. "It's worse than you think. Whatever you might think, it's worse," he said. Chanos, of Kynikos Associates, appeared on CNBC's "Fast Money: Halftime Report" on Friday amid the fourth straight day of losses for major U.S. averages. The Dow Jones industrial average, S&P 500 and Nasdaq were setting up for their worst weeks since 2011. [CNBC]

Related