Hedge fund positioning is one of the most critical elements to understand in markets because it has a significant impact on fundamental flows and short-term positioning moves across all assets. It is no accident that the most shorted stocks have been squeezing out shorts for a prolonged period of time now. Why? Because macro liquidity and credit in the underlying system have increased considerably over the last year. The entire goal of today’s livestream and connected reports is explaining WHY you need to understand positioning and HOW to connect it to the larger macro regime.
