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Despite Losses, TPG-Axon Remains Upbeat on Market
Hedge fund firm tells clients that turmoil is a good thing and a sign of an imminent reversal.
Dinakar Singh’s TPG-Axon Capital Management is bullish on the stock market for the rest of the year despite the recent volatility and sell-off among high price-earnings stocks. In fact, the firm told clients that the market turmoil since March is a good thing, even though its main funds — TPG-Axon
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