According to The Kobeissi Letter, hedge funds engaged in the most aggressive selling of global stocks since 2013, as revealed by Goldman Sachs data. This significant selloff, surpassing even the 2020 pandemic levels, emphasizes a sharp reduction in exposure to global equities. Traders should note this trend as a potential signal of market volatility and consider adjusting their portfolios accordingly.

According to The Kobeissi Letter, the S&P 500 underperformed global stocks by a significant 9.6 percentage points in Q1 2025, marking the largest quarterly margin since 2009. The S&P 500 experienced a decline of 4.6% during the same period, the steepest drop since Q2 2022. This performance divergence between US and global equities could influence trading strategies, as investors may seek opportunities in other markets or asset classes that are showing relative strength.

According to The Kobeissi Letter, the S&P 500 underperformed global stocks by 9.6 percentage points in Q1 2025, marking the largest quarterly margin since 2009. Additionally, the S&P 500 dropped by 4.6% in Q1 2025, its largest decline since Q2 2022.

According to The Kobeissi Letter, hedge funds offloaded global stocks at their fastest pace in four years on March 7th and 10th, indicating a lack of institutional buying momentum in the markets. Despite retail investors purchasing dips at record levels, Wall Street remains hesitant to engage in the current rally, highlighting a significant divergence in market participation.

According to The Kobeissi Letter, hedge funds have sold off global stocks at an unprecedented rate in the two weeks ending March 3rd, marking the fastest pace on record. This reduction in equities exposure by institutional investors has surpassed the levels seen during the 2022 bear market, as concerns over a potential trade war and increasing market uncertainty drive the sell-off.

According to The Kobeissi Letter, world technology stocks have surged approximately 1,700% since the beginning of 2009, starkly outperforming global stocks excluding the TMT sector, which gained about 300% in the same period. This indicates a significant market reliance on technology stocks for growth.

According to The Kobeissi Letter, world technology stocks have surged approximately 1,700% since the beginning of 2009. In contrast, global stocks excluding the Technology, Media, and Telecom (TMT) sector have only increased by around 300%. This highlights the substantial growth and dominance of tech equities in the market, which have more than doubled in value compared to other sectors.