We recently discussed how hedge funds, broadly speaking, are having another terrible year.
Getting a little more granular, Tom Brakke put together this (nearly) 3-year chart of three Bloomberg hedge fund indexes against the benchmark they’d be expected to beat. As Brakke says, “Not a pretty picture.”
The US consumer seems more than willing to pay more for their favorite brands, especially if they sell, um, comfort foods. Consider some of the winners that we have seen over recent sessions.
Analysts sift through immense amounts of financial data
Delay taking distributions for as long as absolutely possible
Consumer product stocks have first-mover advantage
