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Stock impact report

Hedge funds braced for Trump tariffs with historic March selloff [BNN Bloomberg (Canada)]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: BNN Bloomberg
In March, hedge funds dumped global stocks at the fastest rate in 12 years, according to data from the prime brokerage desk at Goldman Sachs Group Inc. All sectors of the market were net sold last month, and North America suffering the biggest regional losses. In the U.S., tech stocks had the biggest net outflows, the Goldman's co-head of prime insights and analytics Vincent Lin wrote in a note to clients. “The rollout of tariffs has created a situation where economic uncertainty made it harder to discern winners and losers,” said Jonathan Caplis, Chief Executive Officer of hedge fund research firm PivotalPath. “Fund managers have responded to the confusion by leading an equities market selloff, largely by adding short positions, particularly in the U.S.” Investors shed US stocks in postmarket trading on Wednesday after Trump slapped reciprocal tariffs on at least 50 countries. The European Union faces a 20% levy and Japan a 24% tariff, while China faces a tariff of well above 50 Show less Read more
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