![]() ![]() Their long positions were trimmed during the week through Thursday as the S&P 500 Index posted its fourth weekly advance in five. ![]() While being forced to unwind bearish bets in droves by last week’s risk-on rotation, hedge funds tracked by Goldman Sachs Group Inc.’s prime brokerage have been reluctant to chase market gains. (Bloomberg) - Big-money speculators are shunning the new-year equity rally, unconvinced by the buying frenzy that has swept across the retail crowd as well as corporate America.
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