Market Factors: I guess I care about top hedge fund holdings now

In this edition, I’ll describe my newfound interest in hedge fund holdings, and cover domestic stocks that might even benefit from U.S. tariffs. The diversion is Swiftie-focused, and we’ll look ahead to the important data points on the calendar.A Goldman Sachs report made me change my mind about something this week. The subject is hedge fund equity holdings.

This time, I did happen to open the report and was taken aback by two data points in the first paragraph. One, long/short funds have so far this year returned 14 per cent on average – double the average return of the past 20 years. Two, Goldman Sachs’ Hedge Fund VIP list of the most common hedge fund equity holdings is up 30 per cent year to date.

To explain why this might be important I’ll need to back up and explain one concept first. Columbia University finance professor and all-around polymath Michael Mauboussin did a relevant experiment every year to show the wisdom of crowds. He would ask each student to guess the number of jelly beans in a jar. Inevitably, no single guess would be close but the average of all guesses would be very accurate.

Donald Trump has stridently proposed corporate tax cuts which, if implemented, would further underscore the tax advantage of operating in the U.S. versus Canada, and may result in domestic firms relocating operations southward. Mr. Jefferies suggests domestic energy stocks, likely exempt from tariffs and generating revenue in U.S. dollars, as promising investments for the next four years. Mr. Aiken mentioned the deceptively named Tourmaline Oil Corp. , which generates 60 per cent of its revenue in greenbacks and will benefit from deregulation, as another domestic stock with a strong outlook.I have nothing against Taylor Swift and don’t begrudge her for the gargantuan fortune she industriously earned.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Market Factors: Top performing TSX sector has more room to runPlus, Citi’s top U.S. stock picks for this muddled market backdrop
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Market Factors: Why Wednesday could be the most important market day left in 2024Plus, Rosenberg’s revised market call and why women are better at TFSA investing
Fuente: globebusiness - 🏆 31. / 66 Leer más »

Market Factors: Tariffs a danger to Americans tooPlus, a genius bet on the U.S. election and why we need to worry about future demand for equities
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Market Factors: Unlikely source dispels passive investing mythsAlso, an analyst finds 45 million barrels of oil
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Market Factors: Top Trump trades and why he’s bad for the loonieSome promising trades for Canadian investors
Fuente: globeandmail - 🏆 5. / 92 Leer más »

Market Factors: Five under-discussed reasons to buy stocksPlus, questioning the post-election rally
Fuente: globeandmail - 🏆 5. / 92 Leer más »