Are Hedge Funds The New Dumb Money

Are hedge funds the new dumb money? I posted this a few days ago  but its worth reposting. From Marketwatch:
Hedge-fund managers have become more bearish on equities because they're concerned about slowing economic growth, according to results of a recent survey released Monday by TrimTabs Investment Research and BarclayHedge.
...Hedge-fund managers continued to favor U.S. Treasury bonds. In August, 36% of those surveyed by TrimTabs and BarclayHedge said they're bullish on the 10-year Treasury bond, up from 34.5% in July. Bullish sentiment jumped to 36% from 14% in the past two months. 

No comments: