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Hedge Funds Bearish In April, Goldman Reports

The Wall St entrance to the NYSE is seen in New York

Hedge funds shifted to a bearish stance in April, according to a report by Goldman Sachs. The report highlighted a notable change in sentiment among hedge fund managers, indicating a more cautious approach to the market.

During the month of April, hedge funds adjusted their positions to reflect a pessimistic outlook on the global economy. This shift in sentiment was driven by concerns over various factors such as geopolitical tensions, trade uncertainties, and slowing economic growth.

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