Hedge Funds Have Never Been More Bullish Stocks (And Bearish Gold)

Across the universe of hedge funds that Goldman Sachs covers, the net long exposure to the market reached a record-breaking 52% in Q4 2012 – the most bullish level on record. It would appear, as we noted here, that the 2-and-20 crowd of alpha generators have merely been corralled into beta-chasers…

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Hedge Funds Have Never Been More Bullish Stocks (And Bearish Gold)

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