Founders: Gold Fund Flows Did Not Matter Last Year

Goldman Macro on Gold, Oil and Copper

Housekeeping: Good Afternoon.

Find Gold, Utilities, Oil, and macro attached.

Cheers

China Stock Flows

"Hedge funds unloaded Chinese stocks across all channels this week and at the fastest pace since Aug ‘23. Exposures in Chinese equities remain low, with Gross/Net allocations (as % of the overall Prime book) currently sitting in the 6th/8th percentiles on…