Winston Smith of Oceania

Thursday Outlook: Commodities, Emerging Markets

Hey Dave, Great as usual. Question: We have recently seen one of the most manipulated markets ever beginning back last fall. We saw the SEC step in and change the rules for shorts. What will keep them from going further if things deteriorate? When this market drops below the November lows, do we see more government interaction? Specifically, do you foresee the government coming in and effectively outlawing any or all of the inverse ETFs? Could the shorts be wiped out overnight?