Reported 3 months ago
Hedge funds are aggressively selling off their investments in industrial stocks, reaching unprecedented levels, as they pivot toward sectors tied to commodities like energy and materials amid rising geopolitical tensions and fears of economic slowdowns in the US and China. The selling trend, observed since May, signals a mix of profit-taking and concerns over potential policy changes linked to the upcoming US presidential election, particularly regarding trade and tariffs that could impact large global industrial firms.
Source: YAHOO