Reported 2 days ago
Goldman Sachs reveals that global hedge funds have consistently sold European stocks for the second week in a row, targeting financial, materials, energy, and industrial sectors, as they predict prices will decline. Key markets affected include Germany, Italy, the Netherlands, Denmark, and the UK, with significant short positions emerging in companies like Schroders and Kingfisher. The hedge fund activity shows a shift towards specific stocks rather than broader indices.
Source: YAHOO