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Hedge Funds Signal Continuing Confidence Over Us Economy

by ejinsight.com posted 9months ago 30 views
Prominent hedge fund managers appeared to have made bets that the US economy will continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, Reuters reports. Hedge funds took new positions in cyclical companies in the second quarter, a reflection of their confidence about the prospects for the US economy, the report said, citing information gathered from regulatory filings.

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