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E87: Emerging markets, Sri Lanka, 9.1% CPI, market sentiment, NASA's Webb telescope & more
All-In with Chamath, Jason, Sacks & Friedberg
Hedge Funds Are Mostly Waiting There
Hedge funds are largely on the side lines. They do not find a compelling reason to buy, right? But they have to buy at some point. Retail seems to think that direction should be up. Hedge funds don't have an opinion. Our saying, we're just going to wait this thing out, ok? Meanwhile, the data, at best, is a question mark.
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