Investor Positioning and Flows：Sharp Pullback But Not There Yet

Deutsche Bank Research Global Asset Allocation Investor Positioning and Flows Date 26 July 2024 Strategy Update Sharp Pullback But Not There Yet Over the last several weeks we have been flagging that equity positioning had become very elevated after a sharp but lop-sided climb led by mega-cap growth and Tech stocks. With earnings growth a key driver of positioning, the Q2 earnings season has been a catalyst for a rotation and a pullback (Q2 2024 Earnings Preview: Looking For Growth To Pick Up And Broaden, J ...