Van Hedge Fund Advisors International, LLC has released its market sentiment indicators for U. S. equities, the U.S. Dollar and the U.S. Treasury 10-year Note.
The VAN Macro Sentiment Indicators are based on the outlook of hedge fund managers employing a macro view and who manage, in aggregate, in excess of $30 billion in assets. The purpose of the indicators is to reveal how these managers believe the S&P 500, the U.S. Dollar and the U.S. Treasury 10-year Note will perform over the current month.
Van said the outlook for U.S. equities continues to remain positive as 50% anticipate the index will continue its rally into August. The Manager’s views on the U.S. Dollar remains mixed once again as 45% expect the Dollar to rally and 35% expect it to continue moving lower. Finally, half of the participants anticipate prices on the U.S. Treasury 10-year Note will reverse in August and move higher, while 35% expect the 10-year to end the month lower.