AllianceBernstein blasts CMBX trade in paper ‘debunking next big short’

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AllianceBernstein blasts CMBX trade in paper ‘debunking next big short’

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Asset manager AllianceBernstein has criticized the viability of shorting the CMBX.6 index, nicknamed the “next big short” by proponents of the trade, arguing that the decline of US shopping malls has been greatly exaggerated.

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