The markets are great, right? Everyone is making money, right? Here is what is strange "smart" people with "smart" money, like hedge funds and pension funds are loosing their asses. Why? If everything is great, why are the all loosing money?
Funds are liquidating because they can't cut it.
Many pensions loosing money as well ($1.28T gap).
Yet the "Stock Market" is at historic highs. No one can loose.....Yet Pensions and Hedge Funds continue to suffer. What's going on?