NFIB Small Business Confidence Index The NFIB Small Business Confidence Index has fallen to 88.5, a level linked with recessions. This decline is concerning as it suggests small business owners are less optimistic about their…

S&P 500 and the Percentage of Stocks Above 10-Day MAs The rise in the percentage of S&P 500 stocks above their 10-day moving averages can be interpreted as a tactical bullish divergence, providing valuable insights…

Truck Tonnage vs. S&P 500 Index The Truck Tonnage Index decreased 2% in March. Trucks represent 72.6% of U.S. freight and serve as a barometer of the U.S. economy. This chart shows that the U.S.…

CTAs Exposure to Bonds CTAs overall allocation to bonds is in the 16th percentile, indicating a relatively low exposure to fixed income securities. Image: Deutsche Bank Asset Allocation

Bottom-Up Consensus S&P 500 EPS Estimates While consensus EPS estimates for 2025 may present an optimistic outlook, is there a possibility of downward revisions due to shifts in market conditions or unforeseen economic challenges? Image:…

CTAs Allocation in Oil CTAs (Commodity Trading Advisors) maintain a positive outlook on oil, increasing their long positions in oil futures. Image: Deutsche Bank Asset Allocation

Equity Positioning Across Sectors Considering the historical performance, resilience, and the potential for growth and profitability, it may make sense for investors to continue favoring the mega-cap growth & tech sector. Image: Deutsche Bank Asset…

Crypto Fund Flows Has the period of significant inflows into cryptocurrency funds already come to an end? Image: Deutsche Bank Asset Allocation

Energy Group Positioning Energy positioning in the 53rd percentile is far from extreme. Image: Deutsche Bank Asset Allocation

Weekly High Yield Fund Flows The $1.15 billion outflows from U.S. high yield ETFs over the past week suggest that investors are seeking lower-risk options and may be concerned about the credit market and economic…