Mutual Funds Will Do 2 Things: Pile Into Tech, Fade Donald Trump

Mutual Funds Will Do 2 Things: Pile Into Tech, Fade Donald Trump

This is just getting comical. Last week, in "Here’s Why Equity Hedge Funds Had Their Best Start To A Year Since 2009," we brought you the latest from Goldman's quarterly hedge fund monitor and we weren't surprised to learn that the "2 and 20" crowd's half-decent H1 performance had a whole lot to do with simply piling into info tech and sitting on it. We've been over this time and again. In a world where benchmarks only rise on the back of the central bank liquidity tsunami, and against a bac
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