Short-selling: From long to short

«Ready to go about?» For the past five years, investors have fired their cannons out of just one side of the ship. Stock markets have risen, so have bonds, and investors have boomed simply by going long. The rally has made for dismal returns among dedicated short sellers. Yet now, perhaps, their time has come. Investors are starting to poke their guns out of the other side of the ship too. One structural sign of this turn in sentiment is the rise of so-called 130/30 funds. These allow tradition...