Ban on Short Selling

The German government announced plans last night to ban some bearish bets on short-selling, which it says creates excessive price movements that endanger the stability of the financial system.  The ban went into effect at midnight, shortly after being announced.

Germany is working to shore up confidence in the Euro Zone economy and in this segment, Equities Strategist Per Hansen takes up that discussion and talks about what the ban will mean for the markets both today and in the longer-term.