Iconic hedge funds like Duquesne’s Stanley Druckenmiller, Moore Capital Coatue Management and Jana Partners either bought or added to stakes in Facebook in the second quarter... just days before the company's biggest crash in history
"I don’t view this as a conflict between the US and China. It is not that simple, it’s not team USA versus team China. There are interests in the United States that have benefited enormously from this arrangement..."
The 23% slide in Chinese stocks from 2018 highs has created widespread investor concern about a potential repeat of the 2015 market dislocation. But is this a credible threat? Here is Goldman's response.