I see a report this morning that Michael Burry (Big Short) has been buying long share positions in a big way and had 1/3 of us portfolio in regional banks as at the last US share filing.
Long / Short fund PGF also is very big on the banking sector. Although they were big before this current crisis, however they added to their positions.
l find this quite bizarre...? l would have thought that we have a little way to go yet.
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