U.S. stocks are up as investors put bank fears in rearview mirror

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Go back to U.S. stocks are up as investors put bank fears in rearview mirror

Hedge funds 'leaned more towards secular growth in January' - Jefferies

March 30, 2023 2:29 PM EDT

Jefferies analyst Steven DeSanctis said in a note to clients on Thursday that hedge funds leaned more towards secular growth in January.

"They increased weight to nearly 65% of portfolio, an OW of 21.8%, up from 17.1% last month," the analyst wrote, with the firm having assessed MSCI Hedge Fund data.

"Much of the increase in OW... More

'Big Short' investor Michael Burry says he was 'wrong' to tell investors to sell

March 30, 2023 1:20 PM EDT

Hedge fund manager and founder of Scion Asset Management, Michael Burry, said in a tweet on Thursday that he was "wrong" to tell investors to sell.

The "Big Short" investor said "sell" on January 31 in a one-word tweet, and while there were no other details provided, it... More