🚨 Hedge funds are taking the biggest hit since the 'liberation day'

Global markets are shaking — and this time even the 'smart money' is caught in the crossfire 💼

📉 Against the backdrop of the conflict with Iran:

— oil has surged sharply

— stocks have gone down

— the dollar has strengthened

— familiar strategies have stopped working

💥 Hedge funds are recording their worst losses in the past year — worse than after the tariff shock from Trump.

⚠️ What went wrong?

Many funds bet on:

— economic growth 📈

— emerging markets 🌍

— a weaker dollar 💵⬇️

But the market turned sharply — and mass liquidation of positions began.

😬 Even 'defensive' strategies didn't save:

— long/short funds: −3.4%

— global macro: around −3%

— CTA (algorithmic trading): also in the red

👉 This means that even what usually profits from volatility isn't working.

🛢️ The main factor right now — oil

Disruptions in the Strait of Hormuz are breaking the usual model:

previously, petrodollars returned to the markets,

and now — this flow is simply disrupted.

📌 As one of the analysts said:

"Right now, we are all oil traders"