Bridgewater increases short bets against Europe stocks

  • Bridgewater earlier this month disclosed a range of short bets in excess of €1.5bn … it now holds close to €9bn in short positions including Bayer, Allianz, Santander and BASF.
  • “Given the deterioration in fundamentals and high inflation I am not surprised that they feel that this may be the beginning rather than the end of the correction,” said Patrick Ghali, co-founder of London hedge-fund advisory firm Sussex Partners.

More at that link to DJ/MW above.

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