"Definitely Risk On" As Investors Plow Billions Into Risk Assets
Zero Hedge -

After record equity fund outflows in December, which saw hedge funds throw in the towel and liquidate hitting any bid they could find, which resulted in the worst December for the S&P since the great depression, "there’s definitely been a change in tone, and it’s definitely risk on,” portfolio manager Matt Kennedy at Angel Oak Capital Advisors told Bloomberg. "This reversal has reinstilled some of the confidence the market had prior to October that the expansion can continue."

Sure enough,...

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