Recession imminent: Hedge funds dump stocks and take short positions at record pace
BLKBlackRock(BLK) Finbold·2024-04-11 21:16

Figures published on April 9 by the banking giant Goldman Sachs (NYSE: GS) hint at trouble on the horizon as U.S. hedge funds have been selling stocks and replacing them with short positions at rates not seen since January. While the data is grim in its own right, more recent reports cast an even darker shade upon the hedge fund activities as it was uncovered that the Bureau of Labor Statistics (BLS) has been communicating behind the scenes with major Wall Street institutions. BLS has, allegedly, been maint ...