Greenwich Alternative Investments, LLC released its market sentiment indicators for U.S. equities, the U.S. Dollar and the U.S. Treasury 10-year Note.
Macro Managers grew more bearish on the prospects for U.S. Equities in July, with 60% of managers reporting a bearish sentiment for the month versus 44% in June; 30% of managers reported a bullish outlook for the month. Macro Managers reversed their outlook on the U.S. Dollar versus June. For July, 60% reported a bullish sentiment, 10% held a neutral view, and 30% maintained a bearish view. With respect to 10-year U.S. Treasury prices, Macro Managers were decidedly more bullish versus April. For the month, 80% of managers reported a bullish outlook, 0% of managers reported a neutral outlook, and 20% reported a bearish outlook.
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