Hedge Funds Buy US Stocks, All Others Sell: BAML – ValueWalk Premium
Hedge funds

Hedge Funds Buy US Stocks, All Others Sell: BAML

Bank of America Merrill-Lynch in their weekly hedge fund monitor dated Jan 14 2013, predicted that the S&P 500 (INDEXSP:.INX) would see a major correction during the first half of 2013. The prediction was based on the Commitment of Traders Eurodollar futures positioning and its correlation to the S&P 500, but it has not materialized as yet.

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