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What Is It Hedge Funds See In Europe That Scares Them?

Europe is healing, but smart money isn’t buying it

Europe's economic surprises keep tilting positive, with Germany showing signs of real momentum. The euro is breaking higher—but hedge funds aren’t convinced. Positioning in European equities remains light, and "fast money" is fading the rally even as macro signals improve.

"Our positive view on Europe has turned more structural in nature"