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Home>Coins dealers headline>Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note

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Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note

IMG Auteur

USA Gold

Published : February 08th, 2023

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Category : Coins dealers headline


	Reuters/Nell Mackenzie and Carolina Mandl/2-6-2023 “The latest short squeeze, implying that stock prices rose so much that bearish bets become too expensive to hold, saw hedge funds caught out by a sharp rally in equities on Feb. 2 after the U.S. Federal Reserve slowed the pace of interest rate hikes and markets anticipated that rates would peak soon.” USAGOLD note: There is no way to know for certain, but perhaps the recent sell-off in gold was the result of hedge funds taking profits to cover losses in their short stock positions. Just a thought……….

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