Goldman Sachs: US pensions may sell off $33 billion in stocks by the end of September.
2026.09.30 19:34:01
Goldman Sachs expects U.S. pension funds may sell roughly $33 billion in stocks around late September, a capital flow size at the 98th percentile since 2000. Meanwhile, systematic CTA capital flows could partially offset the pension selling pressure. If the stock market remains flat, CTAs are projected to buy $11.5 billion in global stocks; if the market rises, the purchase volume could approach $30 billion. If the market declines, CTAs may instead offload an additional $15.8 billion in stocks.
Abraxas Capital's Hyperliquid accounts profit $331M with $1.45B in short positions
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Abraxas' two hedge accounts have earned over $331 million in profits and hold $1.45 billion in short positions.
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South Korea's KOSPI index fell below the 5500-point mark, posting an intraday decline of 8.47%.
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Cheung Kong Group issued an official statement regarding rumors of Li Ka-shing's death.
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Hong Kong-listed large language model stocks declined, with Zhipu AI and MINIMAX both falling more than 10%.
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