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Fund managers ‘well-hedged’ against stock-market tumble, but not betting on trade breakdown: survey

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Global fund managers are taking out protection against a sharp fall in equity markets, but aren’t positioning for a breakdown in trade talks, according to a monthly survey.

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Its already broken down lol

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Ho hum — a 65% market plunge would be ‘run of the mill,’ fund manager saysWhile stocks staged a remarkable comeback from Monday’s deep decline, they still closed firmly in the red. A day later, and the sellers are back at it. Long-suffering market bears, like John Hussman, have to be savoring this kind of action. After all, when things turn south, Hussman’s fortunes turn north. Define 'crash'. As long as it was fast it could be recoverable,... a prolonged downtrend would be devastating. $SPX $SPY
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