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Reuters

Reuters

Hedge funds pile into banks, dump green energy post US election, Goldman Sachs says

Reuters
Summary
Nutrition label

81% Informative

Hedge funds snapped up bank stocks at the quickest clip in three years , Goldman Sachs note shows.

Financial stocks were the most popular and most net bought sector on Goldman Sachs' prime brokerage trading desk last week .

U.S. bank stocks rose as much as 11.1% on Nov. 6 , from the previous day's close after the news of Trump 's election win.

VR Score

92

Informative language

98

Neutral language

75

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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