...here's one for the Bears, not saying this would happen.
...but if you heeded my caution from the outset, being sidelined isn't so bad.
Column 1 0
Column 1 0 Feeling "implicitly short"?Well, you are not alone. Equity exposure among active managers is at very low levels. Hedge funds show a similar picture. What is the main pain trade from here?
Barclays
Barclays[/table]
Column 1 0 Cash is king?US recession probability has spiked, leading to people rushing into money market funds. It would be interesting to see what they do should the bounce turn into a squeeze...
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