(Forbes) Many of the biggest hedge fund managers in the U.S. get paid a King’s ransom to uncover value stocks, distressed buys, new growth industries, and sectors prone for consolidation. Amid today’s market turmoil, which has battered commodity producers and emerging markets from South America to Asia, many of those long/short managers are simply flocking into the most obvious bet they can find: The U.S. consumer.
Hedge Fund Stockpickers See U.S. Consumer As The Best Bet In A Rocky Market
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