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Crypto, taxes & volatility: What hedge funds are eyeing in the new year

Money managers are betting that a market correction will likely happen in 2018.

EVEN a new US president and rising geopolitical tensions couldn't stop stock markets from marching higher. But that's about to change, money managers say.

They see a market correction, a "reckoning" with North Korea and a bitcoin ETF in 2018.

Here are some of the top themes hedge fund firms - and those who invest in them - are looking for in the year ahead.

More volatility

A pullback in quantitative easing by central banks globally could trigger a downward spiral in asset prices and spell a "significant change" for the macro trading environment, Paul Tudor Jones wrote on Nov 30.

He compared the current bull market to the bubble of 1999. Low volatility is becoming "dangerous" and has lulled investors...

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