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U.s. Hedge Funds Bet On Retail, Tech In Second-quarter As Economy Sizzled | Reuters

by reuters.com posted 1year ago 38 views
(Reuters) - Prominent hedge fund managers appeared to make big second-quarter bets that the U.S. economy would continue to expand despite increasing concerns about a broadening trade dispute between the United States and China, regulatory filings showed Tuesday. Third Point added new positions in payment companies PayPal Holdings Inc (PYPL.O) and Visa Inc (V.N), both of which are up more than 19 percent year to date.

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