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George Soros Just Made A Huge Bet That US Stocks Might Fall

From businessinsider.com

It seems legendary hedge fund billionaire George Soros might be souring in his view on the market outlook for US stocks, based on his most recent 13-F filing in the US which showed a 605% increase in his short S&P 500 position (through put options on 11.29 million shares of SPDR S&P 500 ETF) to $2.2 billion. In a 13-F filing three months ago, Soros' fund had puts on 1.6 million shares, valued at $299.264 at the time. Even though he is still net long stocks, this took the short position (where he owns an option which will profit from a fall in stocks prices) on the S&P 500 from 2.96% of his Soros Funds Management ... (full story)

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