George Soros is short $1.1 billion in the S&P 500

Should we be afraid?

There are still no clear indication of when will the Fed raise interest rates and now George Soros is betting against the markets.
Source: http://www.marketwatch.com/story/george-soros-goes-short-with-mutual-funds-and-etfs-as-the-sp-500-goes-1400-days-without-a-10-correction-opines-lowriskmutualfundsnet-2015-06-18

Apart from shorting the markets, George Soros also calls for supplying of lethal arms to Ukraine and secret training in Romania to avoid direct NATO presence in Ukraine. In a release by hacker group CyberBerkut, it explained that George Soros collaborated with the US government with an intent win over Ukrainian assets if successful.
Source: http://www.mintpressnews.com/leaked-george-soros-puppet-master-behind-ukrainian-regime/206574/

Coincidently this month, George Soros also bought some speculative stocks like clinical-stage biotechs Juno Therapeutics (NASDAQ: JUNO  ), Kite Pharma (NASDAQ: KITE) and Sarepta Therapeutics (NASDAQ: SRPT).

He also bought communication technology company MaxLinear, Inc. (NYSE:MXL)

These stocks are mid to small cap stocks that are loss making with little or no debts in their balance sheets. It is indeed odd for him to make such acquisitions unless he is short of the markets or funds buying into these stocks, therefore fuelling a temporary rise in their share price to profit from a market correction.

Source:

• http://www.fool.com/investing/general/2015/05/31/billionaire-george-soros-just-bought-this-highly-s.aspx
• http://www.fool.com/investing/general/2015/05/24/uh-oh-billionaire-george-soros-just-stepped-on-ano.aspx
• http://www.insidermonkey.com/blog/soros-piling-up-maxlinear-inc-mxl-as-stocks-rally-continues-352117/