The American economy has a future

21.04.2021

Leading US investment banks and investment companies, whose headquarters are located on New York Wall Street, believed in the future of the American economy and massively open long positions (to buy assets), preferring them to short ones (to sell).

According to the investment bank Goldman Sachs, the average cost of short positions on major American exchanges is only 1.6 percent of the total volume of transactions, which corresponds to a 17-year minimum.

Meanwhile, the volumes of long positions opened by hedge funds are close to multi-year maximums.