Sterne: Macro Hedge Fund Chatter Triggered Oil Sell-offMark Melin
As analysts scratch their head in regards to triggers for the recent collapse of the stock market and often separately consider why the oil market is flirting with a break into the $70 range, Sterne Agee analysts have an explanation for both. The cause? The rumor regarding one particular macro hedge fund relative value trade, says the report's authors Tim Rezvan . . .
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