FAANG, BATS and short US Treasuries most crowded trades
“The most crowded trade, for the seventh straight month, was in the FAANG and BAT stocks (Facebook, Amazon, Apple, Netflix, Google, and Baidu, Alibaba, Tencent); shorting US Treasuries was the third most crowded trade, offering further evidence of the widespread anticipation in the markets of a positive US growth narrative.”
FT Link: https://www.ft.com/content/a2cb3f98-9fa8-11e8-85da-eeb7a9ce36e4
Leave a Reply