Goldman Sachs traders believe “fast money” funds are about to return to a buy-stocks mode
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Goldman Sachs stated in a report to clients on Monday that the so-called "fast money" group—including commodity trading advisors and volatility-targeting strategies—sold about $240 billion of global equities during the market's sharp decline over the past month. This wave of selling appears to be easing, with the bank's traders estimating that the group may net buy about $55 billion in the coming month, of which about $20 billion would be U.S. equities.
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