Expect more market churn: Yardeni
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US equities marginally net bought last week: Goldman Sachs
August 12, 2024 12:04 PM EDTAccording to a recent note from Goldman Sachs, U.S. equities saw marginal net buying last week after eight consecutive weeks of selling.
The investment bank explained that this shift occurred during a week marked by significant volatility across global risk assets, despite the S&P 500 (SPX) ending the week relatively flat.
Goldman Sachs noted that while macro products were net sold for... More
Equity positioning 'abruptly' cut to below average: Deutsche Bank
August 12, 2024 9:08 AM EDTDeutsche Bank analysts said in a note that there was a significant shift in equity positioning last week, marking one of the steepest declines in recent years.
The week is said to have seen a sharp reduction in aggregate equity positioning, plunging from a mid-July peak at the top of the historical range to a below-average or underweight level.
The investment bank said positioning,... More
