Goldman Sachs - Global hedge funds reducing exposure to US stocks for 5 days in a row

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Goldman Sachs - Global hedge funds reducing exposure to US stocks for 5 days in a row

A note from Goldman Sachs, info via Reuters, citing GS 'without providing figures':

• value of stocks hedge funds ditched over the last five trading sessions was the biggest since November 2022 and is close to a five-year record
• de-risking has been led by the information technology sector, followed by industrial, healthcare, consumer discretionary and communications services

ICYMI:

• Forexlive Americas FX news wrap: Nasdaq suffers worst drop since 2022. USD/JPY pressured

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Goldman Sachs is a good source of such info as its one of the biggest global providers of equities trading and financing for hedge funds

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Goldman Sachs - Global hedge funds reducing exposure to US stocks for 5 days in a row

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