Bearish Sentiment Reduced as US Earnings Kick Off
- By Bilal Hafeez and Ben Ford
- Sign-up to discuss on Slack
- 2 min read
Bearish investor sentiment reduced over the past week as US earnings season kicked off with large surprises to the upside. On this backdrop, asset managers and hedge funds reduced positions, with hedge funds positions approaching net flat. Notably, hedge funds flipped long on S&P Financials and asset managers near doubled Nikkei longs. This week we include our earnings calendar.
Bearish investor sentiment reduced over the past week as US earnings season kicked off with large surprises to the upside. On this backdrop, asset managers and hedge funds reduced positions, with hedge funds positions approaching net flat. Notably, hedge funds flipped long on S&P Financials and asset managers near doubled Nikkei longs. This week we include our earnings calendar.
Subscribe to Macro Hive Professional to read this article
and enjoy exclusive professional features such as in-depth analysis, insightful op-eds, and more.
Already have Macro Hive Professional account? Log in