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Hedge Funds Lose Confidence in Once-Hot Oil Market

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Speculative investors have grown cautious this month, as crude prices have tumbled 12% from an almost four-year high

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Yet price at the pumps are still high

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Volatility bashes hedge funds, which are now negative for the year and still underperforming stocksOctober's miserable market month took its toll across the board, including the hedge fund industry, which collectively turned negative for the year. Good old hedge funds .. worth every penny of their 2&20 😝 Profit sell off.
Source: CNBC - 🏆 12. / 72 Read more »