Advertisement
Canada markets close in 2 hours
  • S&P/TSX

    21,822.06
    +113.62 (+0.52%)
     
  • S&P 500

    4,986.80
    -24.32 (-0.49%)
     
  • DOW

    38,023.96
    +248.58 (+0.66%)
     
  • CAD/USD

    0.7276
    +0.0013 (+0.18%)
     
  • CRUDE OIL

    83.41
    +0.68 (+0.82%)
     
  • Bitcoin CAD

    88,924.24
    +2,638.40 (+3.06%)
     
  • CMC Crypto 200

    1,386.69
    +74.07 (+5.64%)
     
  • GOLD FUTURES

    2,409.90
    +11.90 (+0.50%)
     
  • RUSSELL 2000

    1,944.19
    +1.23 (+0.06%)
     
  • 10-Yr Bond

    4.6250
    -0.0220 (-0.47%)
     
  • NASDAQ

    15,381.18
    -220.31 (-1.41%)
     
  • VOLATILITY

    18.62
    +0.62 (+3.44%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6827
    +0.0006 (+0.09%)
     

Why a lot of smart money is betting against stocks

Hedge funds are supposed to beat the market—but not this year. Such high-end investments got off to a terrible start in January and February, and are up just 2.7% on average so far this year, according to the Barclay Hedge Fund Index. The S&P 500 stock index is up nearly 7%.