This Short-Biased Hedge Fund Is Still Very Bearish Despite 22 Percent Loss This Year

This year has brought a continuation of the steady upward trend we've seen the last few years, although the number of bearish indicators is starting to increase significantly. Horseman Global is positioned for a more bearish environment with a number of short positions, but so far, the market has been largely ignoring the bearish signals that have appeared.

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As a result, the fund was down 5.18% for July and is down 22.09% year to date.