Column: Hedge funds position for U.S. growth slump, rates peak
Written by Black Hot Fire Network on May 23, 2022
ORLANDO, Fla., May 23 (Reuters) - The slump on Wall Street and rebound in the U.S. bond market point to a growing belief that recession is on the horizon, curtailing the Federal Reserve's tightening cycle sooner than it would like and opening the door to rate cuts later next year.
That's exactly what hedge funds appear to be betting on also, according to the latest Commodity Futures . . .