This via Dow Jones / Market Watch on deposits:
- Bridgewater unveiled a range of short bets worth more than €1.5 billion earlier this month… it now holds almost €9 billion in short positions, including Bayer, Allianz, Santander and BASF.
“Given deteriorating fundamentals and high inflation, I’m not surprised they think this could be the start rather than the end of the correction,” said Patrick Ghali, co-founder of the equity firm. London-based hedge fund advisor Sussex Partners.
More on this link to DJ/MW above.