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Hedge Funds

A $14B Hedge Fund Is Sounding The Alarm On Distress In The Retail Sector

by posted 2years ago 208 views
<p>Canyon Capital Advisors, a Los Angeles-based hedge fund set up&nbsp;Joshua Friedman and Mitchell&nbsp;Julis&nbsp;,&nbsp;said in a January letter to investors that a number of sectors would feel the effects of tightening financial conditions.</p> <p>The Federal Reserve&#39;s easing program, called quantitative easing, &quot;cushioned many companies from the impact of broader business conditions by extending them a lifeline of&nbsp;low cost&nbsp;financing,&quot; Canyon wrote. But this &quot;volatility-suppressing effect&quot; should recede with the program&#39;s end and the Fed&#39;s move to push up interest rates, the firm added.</p>

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