Quants Exit $100 Billion of Inflation Bets in Big Market Shift
- Commodity trading advisers cut short bets in stocks and bonds
- Trend-following strategies get harder in Wall Street whiplash
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Fast-money traders have just unwound about $100 billion of bearish stock-bond bets, helping the world’s biggest markets to recover from the worst first-half in history.
In the past month, so-called commodity trading advisers have offloaded big short positions that were built around the idea of soaring inflation, according to analysis conducted by both JPMorgan Chase & Co. and Nomura Holdings.