“We Just Saw A Record Unwind Of Levered Hedge Fund Trades”

Yesterday, just before the selling accelerated in earnest, we warned that CTAs and other systematic, trend-following funds had finally joined the selling, as models that track equity trends flipped to a short signal. It wasn’t just the model-driven funds that were dumping however. According to…

$13.6BN Money Manager Launches 3X Leveraged “Robotics And Artificial Intelligence” ETF

CTAs and quantitative funds are just starting to recover from the historic drubbing they endured during the February “volocaust” when stocks and bonds fell simultaneously in defiance of the funds’ carefully calibrated assumptions about asset-price correlations. And with speculative traders still struggling to fill the…