Nov 25, 09:45 AM

Hedge Funds Ramp Up Short Selling, Cut Bullish Gold Bets, Says Goldman Sachs

Hedge funds have increased their short selling activities to the highest level since September 2023, according to recent data. They have also reduced their bullish bets on gold to the lowest level in 15 weeks. Goldman Sachs reports that hedge funds are betting against power and investing heavily in materials. Additionally, hedge funds have been selling US equities at the fastest pace in three months, preferring stock shorts over macro products like indices or ETFs.

#Goldman Sachs #US

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