Most Hedge Funds Missed The Trump Rally: JPMorgan Explains Why
![Most Hedge Funds Missed The Trump Rally: JPMorgan Explains Why Most Hedge Funds Missed The Trump Rally: JPMorgan Explains Why](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/ecd6ce46d7010932528dce6b98c9d3a8-500x521.jpg?itok=xFHFksFJ)
While the overall market reaction to the Trump victory has been swift and powerful, with the both the Dow Jones and S&P hitting almost daily record highs, as stocks - especially banks, financials, "value" and those without duration exposure - have soared, the benefits from these surges have not been captured by all market participants.