Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about U.S. Hedge Funds And The Big, Bad Aussie Short That Could Render Them Broke
Hedge Funds

U.S. Hedge Funds And The Big, Bad Aussie Short That Could Render Them Broke

by seekingalpha.com posted 1year ago 775 views
<div> <div itemprop="description"> <p>U.S. Hedge Funds are locked in their worst crisis since the Global Financial Crisis.</p> <p>They believe that the Australian housing and banking markets resemble those seen in the U.S. in the run up to the U.S. housing meltdown.</p> <p>Many missed out on shorting the U.S. housing bubble, and they are now making a massive $6.5 billion bet shorting Australia&rsquo;s banks. It could bankrupt them if it doesn&rsquo;t pan out.</p> <p>The Australian banks are far healthier than their U.S. counterparts were in 2006, and far more resilient to market disruptions.</p> <p>There are simply no signs Australia&rsquo;s housing market will suffer from a catastrophic meltdown that could bring down Australia&rsquo;s banks.</p> </div> </div>

In this article