Hedge Fund Selling Was Never More Furious Than in Last Two Days
Hedge funds tracked by Goldman Sachs offloaded US equities for 7th straight day, dollar amount of selling over last two sessions not seen since 2008.
Hedge funds tracked by Goldman Sachs offloaded US equities for 7th straight day, dollar amount of selling over last two sessions not seen since 2008.
Stock markets may have become too pessimistic about corporate earnings despite the gloomy outlook for the global economy.
Money managers around the globe are pouncing on market hedges that pay off in a recession at the fastest pace since the dark days of the pandemic.
We’re not buying stock dip because valuations haven’t really improved, there’s risk of Fed over-tightening and profit margin pressures are mounting.
Investors are rushing to buy dollars after US inflation accelerated to a fresh 40-year high last month.
Bonds denominated in the world’s leading currencies are suffering double-digit losses following European Central Bank's end to quantitative easing.
Crispin Odey has recouped years of losses at his hedge fund, showing other managers like Gabe Plotkin surrender isn’t only option under pressure.