Thursday, July 8, 2010

Market Update: Hedge Funds

Hedge Funds had their worst quarter in Q2 in over a decade. They are holding 24% of their assets in cash as of the end of June and are only holding 2.5x leverage. The volume in June on the NYSE was the lowest in 13 years. Do they sound nervous? You bet! Check emails to find out what that means to the markets and our strategies.