Hedge funds use the highest leverage since 2015

US hedge funds take up more money to buy shares after the signals of increased dependence between the direction of the US economy and their chosen companies.
Leverage among managers speculating for growth or a decline in stock prices rose this month, near its highest levels of bullish market that began in 2009, according to data from Goldman Sachs Group Inc.
Increased use of borrowed money means that professional managers tend to take more risk after eight years of growth in markets. And while leverage brings greater losses if stock prices are declining, the downward movement this year was minimal.
The broad US state index S&P 500 has its longest series without a 3% correction or more in its history. Apparently hedge funds assume that this trend of good performance will continue.