The era of easy money is over, and the market made that very clear today.

Podcast: The Noble Update Podcast · George Noble

Opublikowano: 2026-10-16

Our long/short spread widened to 67.4% today, with our longs up 25.9% on average and our shorts down 41.6%. This post has bonus content for paid subscribers. Upgrade to get full access. We made money on both sides of the book, which is exactly what a hedge fund is supposed to do. But the people chasing momentum and narratives are having a very different day. When the tide of easy liquidity goes out, the momentum...