SUBSCRIBERS
Stocks up 5% under Trump; how long will the rally last?
Some fund managers are using options to bet that S&P index will fall by one to 2 per cent in coming weeks
Add BT as a preferred sourcePublished Tue, Mar 7, 2017 · 09:50 PM
US stocks have marched higher and higher - up 5 per cent since President Donald Trump took office six weeks ago - and the rally has become one of his favourite boasts. And there is plenty of economic data to justify the ebullience.
So why are some hedge fund managers bracing themselves for a sell-off?
It's all in the details.
Copyright SPH Media. All rights reserved.
