NAAIM Exposure Index – Investor Sentiment 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. The NAAIM Exposure Index increases to 79%. NAAIM members remain bullish. Image: National Association of Active Investment Managers (NAAIM)
Survey – Credit Investors: What Are Your Biggest Concerns? The latest edition of BofAML credit survey shows that U.S. credit investors are concerned about the 2020 U.S. election, the trade war, and China. Image: BofA Merrill Lynch Credit Investor Survey
Investor Sentiment – NAAIM Exposure Index and S&P 500 NAAIM Exposure Index dropped to 56.15% (median exposure at 70%). NAAIM members’ optimism was short-lived. Image: Willie Delwiche, Baird
China A-shares Held by Foreign Investors Despite the opening of the Chinese financial markets, foreign investors hold just 3% of of all China A-shares. Image: The Institute of International Finance
AAII U.S. Investor Sentiment Bull vs. AAII U.S. Investor Sentiment Bear Spread The current spread suggests excessive pessimism. Image: Nautilus Research
Investor Allocation by Region in the U.S. This chart is a good example of investment bias and shows the likelihood of owning stocks in an industry vs. national average. Picture Source: J.P. Morgan Asset Management
Weekly AAII Investor Sentiment Survey Bulls push above bears, but when doubt and fear are still present, it does not usually look like a major market top. Image: Reuters
Investors Preference for U.S. Bond Funds Investors rush back into U.S. Treasury ETFs as trade and growth fears rise. Image: Arbor Research & Trading LLC
Follow Buffett’s Investment Principles: Great Investor Tom Russo Continues To Investing guru, Thomas Russo explains why he is a long-time holder of Berkshire Hathaway.
What is the Biggest Risk Right Now for Investors? What is the Biggest Risk Right Now for Investors? The risk of a Fed policy error The probability of a Fed rate cut in July 2019 is now 84.6%. Image: Bloomberg