Deutsche Bank Prime Brokerage Plots Reduction of Fed Stimulus

A new Deutsche Bank prime brokerage study suggests some unusual negative catalysts that have been moving markets, while hedge fund asset flows are considered. The report considered both the implications of Argentina and a recent Spanish bank failure along with the withdrawal of US Fed stimulus on the market, and it didn’t paint a pretty picture. Fed Stimulus: Currency spreads have widened The study, published in the bank’s monthly global hedge fund trends publication, points to Argentina and the unwinding of the Banco Espirito Santo SA (ELI:BES), as cause for insider concern.  The insight is these two events seemingly isolated…