Global hedge funds are showing no signs of backing down when it comes to their short positions in the banking industry, particularly in the United States. According to a recent report from JPMorgan, these funds are prepared for further turmoil in the US banking sector.
The report indicates that hedge funds worldwide have maintained their short positions, indicating a lack of confidence in the stability and performance of banks. This is particularly true in the United States, where concerns over potential economic downturns and the impact of regulatory changes have remained prevalent.