Cycles in investment managers' market exposure

Dominant cycles in investment managers’ exposure to U.S. equity markets indicate impending turnaround

Dominant cycles in the National Association of Active Investment Managers Exposure Index have been identified with high correlation over the past 15 years. The current state of the dominant cycles indicates a possible reversal for U.S. equity markets.

References:

NAAIM Exposure Index
Cycle Workbook

Cycles in investment managers’ market exposure

Dominant cycles in investment managers’ exposure to U.S. equity markets indicate impending turnaround