I am a big short on SE.

2021-09-16

Employment and payroll stats beat forecasts. Now FED chair Powell is going to face enormous pressure from his FOMC members during September meeting. Like I said, the FED has two objectives: employment and inflation. With employment rebounding strongly, they will inevitably turn to inflation. Tapering will be announced September. I stand with my forecast: $200 by end of November. If it hit below 170 by June next year, I will buy the dip and hold SE. But for now, I am a big short on SE. $Sea Ltd(SE)$

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