{"id":8890,"date":"2008-10-20T00:00:00","date_gmt":"2008-10-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-add-to-markets-pain","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/hedge-funds-add-to-markets-pain.html","title":{"rendered":"Hedge funds add to markets&#8217; pain"},"content":{"rendered":"<p>USA Today &#8211; The great unwind in the secretive hedge fund world caused by steep losses has contributed to the megapain in the stock market.  <\/p>\n<p class=\"inside-copy\">Wealthy folks and big investors yanked a record $31 billion to $43 billion out of hedge funds in the third quarter, according to estimates from tracking firms Hedge Fund Research (HFR) and TrimTabs. As a result of ongoing redemption requests from worried investors, the so-called smart-money crowd has been forced to sell assets to raise money to pay back investors.<\/p>\n<p class=\"inside-copy\">That vicious cycle of forced selling by these private investment funds has exacerbated the heavy pressure that has pushed the U.S. stock market down as much as 43% from its October 2007 high. &quot;It is really like a global margin call. It feeds on itself,&quot; says Woody Dorsey, president of Market Semiotics, which specializes in behavioral finance. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.usatoday.com\/money\/markets\/2008-10-19-hedge-funds-investing-markets_N.htm\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>USA Today &#8211; The great unwind in the secretive hedge fund world caused by steep losses has contributed to the megapain in the stock market. Wealthy folks and big investors yanked a record $31 billion to $43 billion out of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3240,2849,3238,617,3111,3239,129,1393,591,1000,2848,699,2662],"class_list":["post-8890","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-attorneys","tag-australian-securities-and-investment-commission","tag-capital-management-inc","tag-extreme-volatility","tag-investment-analysts","tag-investor-interest","tag-losses","tag-municipal-bond-market","tag-proportion","tag-three-quarters","tag-turnover","tag-volatility","tag-welcome-relief"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8890"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8890\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}