A continuation if you will.... Picked this link from daily Speculations on Sentiment;
finalternatives.com Hedge Fund Managers Feel Bearish In AprilApril 2, 2008 The first quarter may be over, but hedge fund managers expect the bad news in the financial markets to persist.
Alternative asset managers continue to hold a negative view on the S&P 500, the U.S. dollar, and the 10-year Treasury Note, according to market sentiment indicators released yesterday by Greenwich Alternative Investments.
According to the indicators, 58% of hedge fund managers hold a bearish view on the S&P 500, 17% hold a neutral view, and 25% are bullish.
Meanwhile, the dollar continued its slide lower in March and the majority of the hedge fund managers expect this trend to continue. In total, 58% are bearish about the U.S. currency, 17% are neutral and 25% are bullish.
Finally, despite U.S. 10-year prices moving higher last month, hedge fund managers are less optimistic on the prospects for April, with 67% holding a bearish view, 25% holding a neutral view and 8% feeling bullish.
The Greenwich Alternative Investments 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.
U.S. Equities (S&P 500)
Expectation Bullish Neutral Bearish February 50% 0% 50% March 14% 36% 50% April 25% 17% 58%
U.S. Dollar
Expectation Bullish Neutral Bearish February 42% 16% 42% March 21% 29% 50% April 25% 17% 58%
U.S. Treasury 10-year Note (price)
Expectation Bullish Neutral Bearish February 42% 16% 42% March 36% 21% 43% April 8% 25% 67% |