Hedge funds dump bank stocks, buy the dip in consumer staples, Goldman Sachs says

Hedge funds dump bank stocks, buy the dip in consumer staples, Goldman Sachs says

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Hedge funds sold bank stocks for the second straight week and piled into consumer staples at the fastest pace in almost two years, a Goldman Sachs GS-N note seen by Reuters on Monday showed, just ahead of earnings announcements this week. Wall Street’s march to record highs could be put to the…

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