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Hedge Funds Cite ‘Fiscal Cliff’ as Top Concern: Survey

CNBC – The upcoming elections and the impending “fiscal cliff” have hedge funds more on edge than any other issue, according to a survey by Macro Risk Advisors.

More than 60 percent of responding hedge funds listed the possibility of big tax hikes and deep spending cuts as a top concern. As U.S. economic growth continues to disappoint, the survey suggests major investors are watching the shifting balance of power in Washington very closely.

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