Reuters/Svea Herbst-Bayliss/6-30-2020
“More hedge funds went out of business during the first three months of 2020 than at any other time since 2015 as the coronavirus led to heavy losses and investors pulled out billions in assets.”
USAGOLD note: Huh? Didn’t the stock market just wind up the best quarter in years? Looks like some folks didn’t get the memo.