The Kobeissi Letter says hedge funds sold world equities at the fastest pace in 10 years in March, with shorts dwarfing longs by 7.6 to 1.
Hedge funds were aggressively shorting global stocks last month:
Hedge funds sold world equities at the fastest pace in 10 years in March
short sales outpacing long purchases by a ratio of 7.6 to 1.0.
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