Hedge funds aren’t betting on a recession, Goldman data show

MarketWatch/Chris Matthews

Graphic image of circle of multi-colored arrows denoting cycle“Hedge fund investors don’t buy the idea that the U.S. economy is headed for a recession in the near term, according to data from Goldman Sachs. The bank studied the holdings of 835 hedge funds with $2.1 trillion of gross equity positions at the start of July, and found that overall these funds are overweight cyclical sectors . . .”

USAGOLD note:  An interesting take on invesment flows from Goldman Sachs and an indicator contrary to prevailing opinion. . . .Goldman also says hedge funds are underweight “defensive” stocks.

Repost from 8-22-2019

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