(Nasdaq) Volatility returned to equity markets in the fourth quarter following two relatively benign quarters and, unfortunately for most market participants, it was predominantly to the downside. Despite the highest annual GDP growth rate in 10 years and 80% of S&P 500 companies beating earnings expectations, Q4 saw two massive technical sell-offs driven by fears over the potential impacts of Fed policy and a trade war between the US and China.
Fourth Quarter 2018 Review of the Long/Short Equity Hedge Fund Space
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