print-icon
print-icon

3 charts: The pockets of the market that are stretched

Stretching it to make positioning look stretched

If you wanted to make the case for stretched positioning here is how you would make it: US long/short hedge fund NET leverage is actually at 94%-tile on a 12m look back. And 90%-tile on a 3-year look back. However, far from 2021 bull market highs.

Loading...