Hedge Funds Dump Stocks For 2nd Straight Week As Funding Spreads Collapse
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One week ago we wrote that Goldman had spotted a "Significant Warning Sign For Investors", and in the article we explained "Why Hedge Funds Are Suddenly Shorting The Market In Droves", pointing to the sudden, post-FOMC collapse in equity funding spreads.
One week later, the funding spreads we track have collapsed even more, down anywhere between 15 and 20bps...