Hedge Funds Optimistic on European Stocks
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potential tariffsReuters
•Business
Business & Economics
Hedge funds buy luxury, short drink and driving in Europe, says Goldman Sachs

80% Informative
Hedge funds have turned optimistic about European companies that sell things people want but don't necessarily need.
Consumer discretionary stocks in Europe like household appliances, luxury items and leisure have sparked renewed buying interest in hedge funds.
But they have sold short those stocks exposed to U.S. President Donald Trump 's potential tariffs.
Disclosed short positions in Italian spirits group Campari reached an all-time high.
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