A Government Shutdown Could Be Months Away—Here's How It Would Further Roil Markets After Fitch Downgrade
A government shutdown in October would come at a particularly “inopportune moment” for markets, one economist says.
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A government shutdown in October would come at a particularly “inopportune moment” for markets, one economist says.
Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States' credit rating was downgraded, a Goldman Sachs report on Friday showed. Hedge funds added 4.6 short positions to each long position from July 7 to Aug. 3. Hedge funds were forced to partially unwind short bets in July to avoid further losses during a market rally triggered by better-than-expected corporate earnings.
Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States' credit rating was downgraded, a Goldman Sachs report on Friday showed....
Billionaire investor Daniel Loeb has reduced the size of short bets on single named companies to limit the vulnerability of his hedge fund, Third Point, to short squeezes, he said in a letter on Tuesday. "The short-selling environment is much more challenging than it has been historically," said Loeb in the letter. Loeb, who runs Third Point - which had around $12.6 billion in assets under management at end-February - said his top five winners this quarter included utility Pacific Gas and Electric, tech companies Microsoft, Amazon and Alphabet as well as and plumbing and heating pr...
Billionaire investor Daniel Loeb has reduced the size of short bets on single named companies to limit the vulnerability of his hedge fund, Third Point, to short squeezes, he said in a letter on Tuesday...