It's easy to say American malls are dying. It's much harder to profit from their death.
That isn't stopping a growing number of hedge fund traders from trying. One group in particular is making bearish bets on derivatives tied to commercial mortgages originated in 2012, namely, the Markit CMBX Series 6. Fund manager Eric Yip has led the charge, going public with his "Big Short" idea as documented most recently this week in the Wall Street Journal.. . . more