Taper Delayed Is Not Taper Denied But Hedge Funds Are PartyingVW Staff
Societe Generale's Hedge Fund Watch is surprised at the overzealous long exposure in the S&P 500. The analysts believe that investors have hiked up long exposure in equities thus going risk-on, implying that they either do not expect a taper of QE anytime soon or they believe it won't affect the market. The S& . . .
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