Weekly U.S. Equity Fund Flows U.S. equity funds have seen substantial inflows amounting to $31.74 billion, reflecting a strong positive sentiment among investors, particularly following the Fed’s decision to cut interest rates last week. Image: BofA Global Research
Volatility – U.S. Options Expiration The expiration of $4.5tn in options notional could trigger increased market volatility and price movements, driven by heightened trading activity, changes in trader sentiment, and the mechanics in option exercise and settlement. Image: Goldman Sachs Global Investment Research
Risk Appetite Indicator Level and Momentum Factors The risk appetite indicator remains negative, indicating a cautious sentiment among market participants who are prioritizing stability over aggressive growth strategies. Image: Goldman Sachs Global Investment Research
Discretionary vs. Systematic Equity Positioning Investor sentiment has stabilized, with discretionary positioning returning to mid-range levels from early 2024, while systematic positioning remains just above neutral. Image: Deutsche Bank Asset Allocation
Bitcoin and Nasdaq 100 In recent times, Bitcoin has exhibited a notable correlation with the Nasdaq 100. The decline in Bitcoin’s price has sparked concerns about its effects on the Nasdaq 100 and broader market sentiment. Image: Topdown Charts
Global Equities Flows In August, global equity funds saw significant outflows, the largest since 2022, reflecting a cautious sentiment among investors. Image: J.P. Morgan
U.S. Job Openings and S&P 500 While job openings provide a snapshot of current economic conditions, the stock market reflects investor sentiment and expectations about the future. Image: BofA Global Investment Strategy
S&P 500 vs. U.S. Dollar Index A recovery in risk sentiment and higher equity prices has coincided with a weakening of the U.S. dollar, suggesting that investors are shifting their preferences towards riskier assets. Image: Goldman Sachs Global Investment Research
Cyclicals vs. Defensives Performance Investor sentiment often reflects in the performance of cyclicals versus defensives. Expectations of economic growth typically lead to a preference for cyclicals, causing them to outperform defensives. Image: Goldman Sachs Global Investment Research
S&P 500 1-Day Move to CPI The U.S. equity market’s response to CPI data is becoming less pronounced, influenced by shifting investor sentiment about interest rates and overall economic conditions. Image: BofA Global Research