Fear & Greed Index – Investor Sentiment With the S&P 500 trading at an all‑time high, the Fear & Greed Index at 46 points to a neutral mood among market participants, leaving room for the rally to continue. Image: Cable News Network
NAAIM Exposure Index – Investor Sentiment At 97.13, the NAAIM Exposure Index shows that active managers remain all-in on U.S. equities, showing continued confidence in 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: NAAIM
Discretionary Investors Equity Positioning vs. S&P 500 EPS Growth Discretionary investors are bracing for a sharp slowdown in earnings growth that’s increasingly hard to square with the data. If that gloom lifts, risk appetite could snap back and drive equities higher. Image: Deutsche Bank Asset Allocation
Investor Sentiment – U.S. Market Greed/Fear Index At 79.37, the Greed and Fear Index has jumped from near neutral to extreme greed in just two weeks, signaling a clear turn toward risk as investors chase the continuing rally. Image: Real Investment Advice
Discretionary Investor Positioning With positioning at the 30th percentile, discretionary investors are keeping their guard up amid mixed economic signals and market volatility. Image: Deutsche Bank Asset Allocation
Foreign Investor Ownership Share of U.S. Equity Market With foreign investors holding a record 18% of U.S. stocks, they are chasing the American dream, piling into U.S. equities on hopes that President Trump keeps the bull run alive. Image: Goldman Sachs Global Investment Research
Cash Allocation by Non-Bank Investors Globally The age-old adage “cash is king” looks increasingly dated. Non-bank investors have slashed their cash holdings to the lowest levels since at least 1999, leaving financial markets more exposed to shocks. Image: J.P. Morgan
AAII Investor Sentiment Bull Minus Bear Spread The AAII bull-bear spread points to a balanced mood among U.S. retail investors who expect stock prices to decline in the near term—a condition that could set the stage for a sharper move in either direction. Image: Deutsche Bank Asset Allocation
S&P 500 Ratio to Its 200-DMA and AAII Investor Sentiment Bull Minus Bear Spread Historically, very low investor sentiment has not only signaled caution but also suggested further upside in U.S. equities, offering opportunities for contrarian investors. Image: Deutsche Bank Asset Allocation
Aggregate Financial Asset Allocation Among Households, Mutual Funds, Pension Funds, and Foreign Investors Investor allocation to equities has reached an all-time high, driven by retail enthusiasm and strong performance. However, rising valuations and concentrated leadership call for careful risk management. Image: Goldman Sachs Global Investment Research
MOVE Index and Discretionary Investors Equity Positioning Over the past few years, discretionary positioning has exhibited a strong inverse correlation with rates volatility, though this pattern can fluctuate based on market conditions and investor behavior. Image: Deutsche Bank Asset Allocation