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☆ Yσɠƚԋσʂ ☆@lemmy.ml to US News@lemmygrad.mlEnglish · 2 years ago

Hedge funds short US financial stocks at near record levels, Goldman Sachs says

www.reuters.com

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Hedge funds short US financial stocks at near record levels, Goldman Sachs says

www.reuters.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to US News@lemmygrad.mlEnglish · 2 years ago
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Global hedge funds built bearish positions this week to the highest level in nearly five years, Goldman Sachs said on Friday, without citing the underlying reasons.
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  • redtea@lemmygrad.ml
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    2 years ago

    Imperialists trying to cash in on the end of imperialism and making everything worse.

  • UlyssesT [he/him]@hexbear.net
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    2 years ago

    without citing the underlying reasons

    insider trading intensifies capitalist-laugh

  • PeeOnYou [he/him]@lemmygrad.ml
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    2 years ago

    another bank about to collapse?

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 years ago

      that’s a likely possibility

      • PeeOnYou [he/him]@lemmygrad.ml
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        2 years ago

        You have some sort of bots that are just auto-downvoting everything you post now? I’ve noticed almost every comment you make has at least 1 immediate negative vote.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          2 years ago

          haha yeah, it very much does looks automated, kinda hilarious that somebody put this much effort into it, must’ve really got under their skin

          • Buchenstr@lemmygrad.ml
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            2 years ago

            Noticed it too, Idk I thought it would be funnier imagining 3 chuds screaming in the comments and we can’t see them lmao.

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              2 years ago

              😄

  • Soviet Snake@lemmygrad.ml
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    2 years ago

    What does this mean?

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 years ago

      looks like hedge funds are expecting the market is gonna crash

    • sevenapples@lemmygrad.ml
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      2 years ago

      Shorting a stock is the opposite of buying it. When you buy a stock, you expect that its price will increase, therefore you will be able to sell it for profit. When you short a stock, you will profit if the price decreases in the future.

      How? You borrow a stock and are obliged to return it some day. You sell the stock when you get it, and buy one from the market when you’re due to return it. If the price has went down, then you’ll have profited.

      • Soviet Snake@lemmygrad.ml
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        2 years ago

        Yeah, soubds reasonable but I mean what does it mean in the context of US economy rather.

        • sevenapples@lemmygrad.ml
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          2 years ago

          oh, then like yogthos said they expect the market to crash (or at least get worse)

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