Legendary investor Jim Chanos to appear on CNNMoney's 'Markets Now'

Jim Chanos will appear on CNNMoney's Markets Now on Wednesd...

Posted: Apr 11, 2018 4:28 PM
Updated: Apr 11, 2018 4:28 PM

Jim Chanos will appear on CNNMoney's Markets Now on Wednesday.

The founder and president of the hedge fund Kynikos Associates will speak with CNN's Maggie Lake from the floor of the New York Stock Exchange.

Chanos is known for his success in short selling, or betting that stocks will lose value. In 2009, he correctly predicted that China's debt-fueled economy was due for a setback, and has expressed serious doubts about Elon Musk's companies.

Lake and Chanos will speak about the stocks he believes in - and is betting against - and they'll discuss the recent market volatility. Lake will also speak to experts about what Facebook CEO Mark Zuckerberg's congressional testimony could mean for the company.

Related: Watch 'Markets Now' here every Wednesday at 12:45 p.m. ET

"Markets Now" streams live every Wednesdays at 12:45 p.m. ET. You can catch the 15-minute program, hosted by Lake and CNNMoney's editor-at-large Richard Quest, at CNNMoney.com/MarketsNow from your desk or on your phone or tablet.

Each episode will feature exclusive analysis from experts. Last week, BNY Mellon AMNA's Chief Economist Vincent Reinhart weighed in the growing fears of a US trade war with China. "We'll get past this," he said.

Austan Goolsbee, who served as chairman of the Council of Economic Advisers under President Barack Obama, will join Markets Now next Wednesday.

Interview highlights will be available online and through the Markets Now newsletter, delivered to your inbox every afternoon.

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