What are asset managers buying—and fading?
The Buy-Side Sentiment Tracker breaks it down.

The latest views from 41 top asset managers, offering insights into consensus positioning across 70 assets, with over 1100 individual views.

#SentimentMatters

Not one of my TopTier indicators, but it has a decent track record. Equities have performed worst when consumers have been most bullish.

Americans are more bullish on equities than ever, which has historically been bad news for future returns. I rate this indicator 1.5 out of 3.

Go deeper
macroequity.substack.com/p/super-bull...