Economic Times – Bearish wagers against global stocks at hedge funds have surged to the highest level since July 2009 as the European debt crisis and reports showing an economic slowdown cause the biggest losses in almost three years.
An index of hedge fund assets from International Strategy & Investment Group dropped to 45.8 on August 16, showing the most short selling in two years, down from a 2011 high of 54.2 in February.
