Hedge Funds Abandon Tech Stocks Amid Tariff Fears, Reports Goldman Sachs
According to Goldman Sachs, hedge funds rapidly divested their tech stock holdings last week, marking the fastest pace of abandonment in six months. This shift reflects mounting concerns over President Trump’s upcoming tariff implementations, scheduled for April 2. The report highlights that as global markets react to these tariff threats, investors are adjusting their portfolios to mitigate risks. Understanding these trends is crucial for stakeholders looking to navigate the evolving landscape of tech investments.