The first month of the second quarter is now edging closer towards its end, talks of how the budget sequester will be a drag on the economy and will the US suffer through the cyclical mid-year slow down will pick up steam as we go deeper into Q2. We have already seen a bunch of hedge fund letters, some are positive that either there will be no gaping detrimental effects of the sequester, while others contest that even if there is a drag, it won’t be felt later in the year or will be easily tapered as long as the…
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