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Hedge Funds are all in into this sell-off

Hedge Funds are all in into this sell-off, in terms of equity long risk. The latest data from today from JPM Prime Brokerage desk shows that Gross Exposure level is at 100%-tile since Jan-2018 and Net Exposure level also at 100%-tile since Jan-2018. What could go wrong? Relax and believe in consensus; this is just a buying opportunity
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