Goldman Sachs warns trend following hedge funds could sell up to US$42bn over next month ...Middle East

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Goldman Sachs warns trend following hedge funds could sell up to US$42bn over next month
The note from Goldman Sachs, published on Friday, comes via Reuters. CTAs (commodity trading advisers) are the trend-following hedge funds GS is referring to here:could sell between $20 billion and $42 billion in U.S. equities over the next month if the stock market continues to retreatS&P 500 below 5,135 points "would flip short-term trend from more positive to negative" among trend-following hedge funds, triggering equity salesMore at that link above. This article was written by Eamonn Sheridan at www.forexlive.com.

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