Jorge Piedrahita

Hedge Fund Unwinding Is Still Driving This Train

Big numbers that are not put into context.
a) Given the size of the hedge fund industry losses are significantly smaller than long-only mutual funds,.
b) In addition, hedge funds have been reducing leverage for at least a year
c) Most of them have planned on withdrawals to the point that they are rumored to about $500 billion in cash.

Everybody is expecting a meltdown from hedge funds, it may fail to materialize. If you did not sell already, then you are late to the party and it is stupid to recommend people to sell here.