Pensions Are To Blame For Extreme Boom/ Bust Cycles: AnalystMichelle Jones
If there's one thing we've learned about the financial markets over the last year, it's that things have changed quite a bit. Last year at about this time, some hedge fund managers were practically chomping at the bit for the momentum rally to finally end. Several managers told investors in their quarterly letters that the markets were doing the opposite of what they "should" have been doing.
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