Hedge Funds
One bank outlines the post-election trials and tribulations of the hedge fund industry and you might be surprised at what they found. This is probably a testament to the contention that not everyone driving a Maserati is smarter than Joe ETF after all. Namely that if we look at flows data versus the Bloomberg Consumer Comfort Index, there's an argument to made that it has not in fact been retail investors driving the risk rally. If you missed that post, that's okay because you can either read it, or, to save time, you can just look at this chart: The...