Earnings call recap: Competition in leveraged funds, Sprott Inc. AUM growth, Cerence revenue stability, and Green Dot growth projections
Key Takeaways: ๐ผ Leveraged funds reduced net short position on Japanese yen to smallest stance since February 2023 ๐ Largest change in weekly positioning for yen by leveraged funds since March 2011 ๐ธ Yen short squeeze seen as fastest monthly pace since August 2007 ๐ Unwinding of yen carry trade causing disruption in global stock … Read more