Mega-Cap Growth and Large-Cap Tech Positioning Positioning in mega-cap growth and large-cap Tech has eased from its highs but remains modestly overweight, at the 61st percentile. Image: Deutsche Bank Asset Allocation
Insider Transactions Ratio With insider buys and sells now in balance, the Insider Transactions Ratio has drifted back to neutral. For now, insiders aren’t sending investors a clear message. Image: Barron’s
Discretionary vs. Systematic Equity Positioning Systematic strategies remain very bullish, with positioning in the 88th percentile. Discretionary investors have turned more cautious, slipping to the 19th percentile and staying underweight, leaving ample of room to…
S&P 500 Performance Around Earnings Seasons With the post-earnings lull over, Wall Street is now turning its attention to the next reporting season, a period that has often been friendly to U.S. stocks. Image: Deutsche…
S&P 500 Performance Around FOMC Meetings The S&P 500 sold off again after the FOMC meeting last week, only to rally the next day, as investors refocused on what matters most: earnings. Image: Deutsche Bank…
Market-Implied Probability of a Recession Starting Within 1 Year and Market-Implied Probability of Being in a Recession At just 12%, market-implied recession odds for the next year remain below their long-term average, leaving a supportive…
Global Financial Tightness Indicator vs. ISM Manufacturing PMI SA Tighter financial conditions are starting to hit manufacturing sentiment and order flow. If the squeeze persists, the ISM Manufacturing PMI could weaken further, adding pressure to…
Net Flows into Global Equity Funds Global equity funds have enjoyed strong inflows this year, though weekly flows have grown noticeably more volatile in recent weeks. Image: Goldman Sachs Global Investment Research
Investor Sentiment – U.S. Market Greed/Fear Index At 55.08, the Greed and Fear Index indicates a neutral investor mood, far from panic selling or euphoric buying, even as sentiment has shifted somewhat toward bearishness. Image:…
S&P 500 Performance in Midterm Years September has often been challenging for U.S. stocks in midterm years. But October and November have historically been the best months, with risk appetite usually returning as election uncertainty…
Consolidated Equity Positioning Consolidated equity positioning slipped to the 48th percentile, close to neutral. With positioning still far from extreme, investors have room to add risk. Image: Deutsche Bank Asset Allocation