Hedge funds were big players in (pre-bubble) housing, commodities and oil price runups.
Philip Duff, managing principal at Duff Capital Advisors, offers CNBC the hedge-fund view of Merrill Lynch, regional banks including PNC Financial Services Group , and where the markets in general -- and oil, specifically -- are headed.
Other regional banks:
- National City
-Fifth Third Bancorp
- United States Oil Fund