Hedge Funds Place ‘Trump Trade’ Bets as US Rate Cut Looms

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Funds have been dumping industrials and buying energy stocks, amid expectation the oil and gas sector will boom if Trump wins the US election, Goldman Sachs says

The post Hedge Funds Place ‘Trump Trade’ Bets as US Rate Cut Looms appeared first on Asia Financial.

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Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailand

Topics: Market Insights Asia Markets Transport Capital Markets World Transport Insights Electric Vehicles Energy Energy Insights

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 11:30:59 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 22144727

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

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Headquarters: Hong Kong

News Last Updated: 22 hours ago

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