Liquidity Vacuum Leaves Stocks Easiest to Sell for BofA Analyst

  • Savita Subramanian says S&P 500 will eventually bounce back
  • Hedge fund stocks again fall more than the broader market

Equity markets were paying a price for vanishing liquidity around the financial system Friday, with investors who face losses in things like credit and commodities trying to raise cash by selling assets they can find ready buyers for.

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