Morgan Stanley's Wilson is a stock seller again as tactical rally plays out
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Recession risk a concern but fund portfolio holdings consistent with soft landing expectations
December 5, 2022 11:04 AM ESTGoldman Sachs analyst David Kostin said in a note to clients on Monday that the firm's analysis of $5 trillion of hedge fund and mutual fund holdings "show more similarities than differences."
The firm recently published reports that analyzed 786 hedge funds with $2.3 trillion of gross equity positions and 548 mutual funds with $2.5 trillion of AUM at the start of 4Q 2022.
"Macro hedge funds... More