NAAIM Exposure Index – Investor Sentiment With the index at 66.99, active managers are stepping back from U.S. equities, a retreat from recent peaks as a wave of caution moves through the market. The National Association of Active Investment Managers Exposure Index represents the two-week moving average exposure to U.S. equity markets reported by NAAIM members. Image:…
Estimated Exposure to AI Automation Investors are punishing U.S. sectors most exposed to AI‑driven automation, betting that vulnerable business models will struggle to keep pace, despite steady fundamentals. Automation’s shockwaves are reshaping entire sectors. Image: Goldman Sachs Global Investment Research
Retail Traders Average Portfolio Stock Allocation and Investment Managers Average Stock Exposure Over the past two decades, periods when both retail and professional traders were this heavily long have often been followed by S&P 500 underperformance in the following one to three months. Image: Bloomberg
CTAs Exposure to Gold CTAs have cut back on gold, but they’re still net long — the bulls aren’t giving up yet. Image: Deutsche Bank Asset Allocation
CTAs Exposure to Equities Over the past four weeks, CTAs have tactically reduced equity exposure — down from the 90th to 75th percentile — cashing in gains across markets. Even so, they’re still notably long, riding the tailwind of a relentless equity rally. Image: Deutsche Bank Asset Allocation
International vs. Domestic Exposure Export-oriented U.S. stocks surged after the tariff pause announcement, reflecting growing investor optimism over easing trade tensions—though potential tariff policy changes remain key factors to watch. Image: Bloomberg
U.S. Dollar Exposure of Currency Hedge Funds Hedge funds have significantly increased their bearish bets against the U.S. dollar, reflecting widespread expectations that the dollar will weaken further against other major currencies. Image: J.P. Morgan
Hedge Fund and Mutual Fund Equity Exposure In a sign of optimism about the current economic climate, hedge funds and mutual funds have collectively increased their stakes in U.S. equities, which paints a picture of growing confidence in the U.S. stock market. Image: Goldman Sachs Global Investment Research
Are You More Likely to Increase or Decrease Equity Exposure Over the Coming Days/Weeks? Only 35% of JPM clients are considering increasing their exposure to equities over the coming days/weeks, indicating a cautious sentiment among them. Image: J.P. Morgan
CTAs Exposure to Bonds CTAs’ overall allocation to bonds in the 8th percentile indicates a relatively low exposure to fixed income securities. Image: Deutsche Bank Asset Allocation
CTAs Exposure to Copper CTAs have a bullish outlook on copper due to the anticipated surge in demand driven by infrastructure development and the global shift towards renewable energy sources. Image: Deutsche Bank Asset Allocation