Deutsche Bank just dropped the boldest stock-market prediction on Wall Street, based on a fairly simple idea. The bank’s chief U.S. equity strategist, Bankim “Binky” Chadha, believes the bull market still has legs, but companies beyond the usual suspects (Mag 7) will need to start pulling their weight. According to a Business Insider report, Chadha forecasts the S&P 500 to reach 8,000 by the end of 2026, nearly 18% higher than current levels (the S&P 500 closed near 6,829 on December 2). 💵💰Don't miss the m ...

Core Insights - Hedge funds increased their exposure to the U.S. equity market in Q3, significantly investing in S&P 500 ETFs, indicating a shift towards diversified market exposure rather than focusing on individual stocks [1][2][4] - The amount invested in iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF Trust (SPY) was comparable to investments in major tech stocks, reflecting a balanced approach [2][3] - S&P 500 ETFs saw substantial net inflows in Q3, with IVV attracting approximately $30 billion, highlighting a trend towards index-centric safety amid stretched valuations [3][4] Hedge Fund Behavior - Major hedge funds, including Goldman Sachs, increased their allocations to IVV, suggesting a strong institutional preference for index exposure [4] - Despite ongoing interest in high-profile tech stocks like Nvidia and Amazon, the overall trend indicates a preference for broad-market investments to complement high-beta tech positions [4][5] Market Trends - The consistency between hedge fund purchases and ETF market flows suggests that institutional investors are broadening their strategies rather than retreating [5] - If the trend continues into Q4, IVV and SPY may benefit significantly from institutional repositioning, especially if the soft-landing narrative gains traction [5]

QCP noted that the U.S. government shutdown has paused most official data releases, leaving September CPI — exceptionally set to be released by the BLS on Friday, October 24 — as the only key hard data for the Fed. A monthly CPI print around 0.2% could reinforce soft-landing expectations and boost Bitcoin performance.https://t.co/wgOsYpDMS2 ...