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Do robots dream of higher stocks?

David Llewellyn-Smith
Wednesday 26 May 2021
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According to Nomura, right now they do:

Speculators look ready to take risks again; global macro hedge funds increasingly selling USD in their hunt for yield

As the curtain falls on “sell in May” risk, speculative investors increasingly look ready to take risks again.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.