“Double, double toil and trouble” is an apt descriptor of what the average hedge fund manager has been going through the past couple of years. To be hedged in a roaring bull market is indeed a witches’ curse. According to the Business Insider the average hedge fund was up 6% the first nine months of…
Tag: mutual funds
Session 51–Stunning Revelations From Mutual Fund Land!
Since the market began its precipitous decline in 2008 and until January of this year, $418 billion came out of equity mutual funds. According to Lipper Analytics, January of 2013 broke this streak of net redemptions with a $14 billion net inflow. At the same time Lipper reported net new bond fund purchases were $34…
Session 23—“Fed Minutes Show Sharp Division Over ‘QE’ Duration”
Remember the “Fed Bolt From Hell” from sessions 15 and 18? Well, the headline above would make one think that “FBFH” might be a lot closer than we think. I mean this is pretty dire stuff as it gives the impression that maybe a real movement toward a policy shift was at hand (or at…