Goldman Sachs: Hedge fund positions create conditions for a US stock market rebound

According to ChainCatcher, citing Jinshi, Goldman Sachs' trading department stated that hedge fund positioning in US stocks has created conditions for a significant rebound after recent market volatility. Speculative investors are generally maintaining bullish positions at the individual stock level, while hedging through products such as short ETFs and stock index futures. Data shows that short positions in these products have risen to their highest level since September 2022, reflecting market uncertainty stemming from concerns about the Iran war, credit risk, and AI. John Flood, head of execution services for equities in the Americas at Goldman Sachs, said that positive news could drive the market up by 2% to 3%.