Time -With so many new economic crosscurrents to consider, it’s good to know where the big dogs– hedge funds–are hunting these days. Do they think the European Union can pull a rabbit from the hat and save Greece? Do they think the U.S. economic reports (a hundred visions and revisions) are credible? Are they worried about inflation, or something worse?
An update today on hedge fund activity from Merrill Lynch is reassuring in most respects, though perhaps not so for the leaders of the European Union.
