In the following note, Tony Pasquariello, Goldman Sachs head of hedge fund coverage, lays out a basic directional framework for US equities. He starts with a breakdown of the four building blocks that principally drive the stock market:

… of a decade-long bull market that favored low-cost … outperformance. In other words, hedge funds are designed less to “ … private credit. Alternatives encompass hedge fund-style approaches such as … “Elliott Management is the hedge fund equivalent of the house …

… by “institutional maturity and stability.” Hedge fund veteran “PlanC” said on Thursday … in the September of the bull market year before recovering and shifting …

… trader who spent years at hedge funds and Merrill Lynch, Nathan has … whiplash can destroy wealth. During bull markets, investors chase increasingly speculative plays …

President Donald Trump has just signed a landmark executive order that will reshape the way millions of Americans — and eventually millions more worldwide — build long-term wealth. For the first time, the $9 trillion US retirement market is being opened to …

… ETFs. Today we investigate hedge funds increasing interest in crypto … Elliott Management is a hedge fund known for its activist … 39;s still in a bull market. Until proven otherwise Bitcoin … related to asset managers, hedge funds, investment banks, and many …

… subsequent bull market since. Where you start the new bull market could … the legendary New York hedge-fund manager that ran Tiger Management … he was closing his hedge funds that specialized in short … abandoned their style in bull markets that didn’t (and …

… the collapse of a giant hedge fund, Long Term Capital Management. Alan … rhyme. The Magnificent Seven-led bull market in 2023-24 was, like … final, frothy stage of a bull market which has been running for …

Hong Kong’s Exchange Fund reported a record HK$194 billion (US$24.7 billion) in interim returns, as a bull run in the local stock market helped the city’s financial war chest chalk up its biggest six-month growth in more than two decades. The return was 76 …

… . A maturing sector The previous bull market between January 2021 and April … as investors, including bankrupt crypto hedge fund Three Arrows Capital, took a …