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Private equity-backed initial public offerings (IPOs) on US exchanges are expected to increase following a challenging period due to high interest rates, macroeconomic uncertainty, and geopolitical risks. With US stocks reaching record highs and the macroeconomic environment improving, the prospects for IPO exits have brightened. PitchBook identified 50 PE-backed companies poised for IPOs on US exchanges next year, focusing on firms with sufficient scale, recent IPO filings, and extended ownership by buyout firms. The revival has already begun, with $30.5 billion in PE-backed IPO exits this year, indicating a positive trend in the market. [Extracted from the article]

Pony AI Inc., a Chinese autonomous driving startup, is preparing for a US IPO amid increasing competition in the self-driving sector between the US and China. The company, valued at up to $4.5 billion, operates robotaxis in Chinese cities and faces regulatory challenges in the US. With a focus on research and development in California, Pony.ai aims to expand globally with support from international backers like Toyota and Saudi Arabia's Neom Co. The US-China IPO pipeline is showing signs of thawing, with Chinese companies raising funds on US exchanges despite regulatory uncertainties. [Extracted from the article]

Options traders are unwinding bullish wagers on US stocks due to concerns about slower interest rate cuts, halting the stock rally that followed the presidential election. Traders who bought puts on the Cboe Volatility Index are seeing payoffs as volatility decreases. The focus has shifted to interest rates, earnings, and the new administration, leading to a 2.1% loss in the S&P 500 Index last week. Investors are reducing exposure to big tech stocks and making speculative bets on biotech and consumer staple food stocks in response to uncertainty surrounding the new administration's policies. [Extracted from the article]

Investors in the US stock market are taking advantage of the post-election rally by selling down stakes in companies they own, with over $4 billion in sales since November 5. This trend is fueled by optimism about corporate profits under President Donald Trump's policies, leading to a 3.5% increase in the S&P 500 Index. The flurry of deals includes major transactions by companies like General Electric Co and American International Group Inc, indicating a busy period for selldowns in the market. [Extracted from the article]

Hedge funds have become significant buyers of US stocks following the presidential election, with a notable increase in long positions. They covered short bets and lowered leverage before the election, but post-election, they focused on sectors that could benefit from a potential return of Donald Trump to the White House. While the S&P 500 has seen gains and optimism about the US economy, some hedge fund managers may opt to lock in profits before the year ends. Despite participating in the stock-market rally, concerns about the sustainability of the rally may lead to profit-taking among hedge funds. [Extracted from the article]

The article from Bloomberg.com discusses how the stock-market surge following Donald Trump's presidential victory is prompting rules-based investment funds to buy $50 billion in stocks as volatility decreases. Wall Street had anticipated a rocky period after the election but instead saw the VIX Index drop significantly, leading to a surge in the S&P 500 Index. Volatility-controlled funds are expected to increase their US shares holdings by $50 billion in the next month and $110 billion by January, with a shift towards global equities predicted. The article highlights the technical factors and strategies driving this market behavior, including unwinding election hedges, re-levering, buybacks, and the impact of option contracts. [Extracted from the article]

US equity futures saw significant gains as polls closed in key states, with small-cap stocks showing the largest movements. Small-cap futures on the Russell 2000 Index rose 3.6% before settling at 2.5%, while S&P 500 and Nasdaq 100 futures also increased. Investors noted that small caps, which benefit from Trump's protectionist stance, were advancing as he took an early lead over Kamala Harris in the Electoral College. Market experts shared varied perspectives on the potential outcomes of the election and its impact on different sectors, with a focus on small-cap companies potentially thriving under a Trump administration. [Extracted from the article]

Options traders are preparing for increased volatility across markets ahead of the US election, with equity options volatility rising as investors hedge against potential swings. Bond yields have been climbing, leading to adjustments in futures positions and hedging against higher rates. Currency traders are also anticipating wider swings, particularly in the yuan, Mexican peso, and euro, due to uncertainty surrounding trade and tariffs. Overall, market positioning is focused on risk management leading up to the election, with various asset classes, including stocks, FX, rates, and crypto, showing signs of increased volatility and hedging strategies. [Extracted from the article]

Options traders are preparing for increased volatility across markets ahead of the US election, with equity options volatility rising as investors hedge against potential swings. Bond yields have been climbing, leading to adjustments in futures positions and hedging against higher rates. Currency traders are anticipating wider swings, particularly for the yuan, Mexican peso, and euro, due to uncertainty surrounding trade and tariffs. Overall, market positioning reflects a cautious approach as investors brace for potential outcomes post-election. [Extracted from the article]

Options traders are preparing for increased volatility across markets ahead of the US election, with equity options volatility rising in anticipation of the election, earnings season, and a Federal Reserve interest-rate decision. Bond yields have been increasing, leading investors to adjust their positions and add hedges on higher rates. Currency traders are also expecting wider swings, particularly for the yuan, Mexican peso, and euro, due to uncertainty surrounding trade and tariffs. Overall, traders are positioning themselves cautiously before the election, with a focus on risk management and potential market reactions post-election. [Extracted from the article]

Corporate America is signaling a potential broadening of the US stock market rally beyond technology shares, with a 56% increase in mentions of a "bottom" in earnings results compared to last year. Cyclical companies, closely tied to the economy's trajectory, are reporting, which could be positive for investors concerned about tech share dominance. While there are risks ahead, some companies in the materials sector, like 3M Co. and Alcoa Corp., have shown positive results, indicating a potential improvement in earnings. [Extracted from the article]

Corporate America is indicating that the US stock market rally can expand beyond technology shares, with cyclical companies still reporting sluggish demand. However, there is a positive signal of a potential earnings improvement, as references to a "bottom" in results have increased significantly compared to the previous year. While there are risks ahead, some companies in cyclical sectors, such as 3M Co. and Fastenal Co., have shown positive results, hinting at a potential brightening outlook for these industries. [Extracted from the article]

Goldman Sachs predicts that the S&P 500 could reach 6,270 by the end of 2024, based on historical data and market trends. The trading desk at the bank initially expected a selloff before the US presidential election but has since changed its outlook due to increased buying activity. Factors such as corporate share repurchases, mutual fund behavior, and options market positioning are all contributing to a potential year-end rally in the stock market. [Extracted from the article]

Economist Nouriel Roubini, known as "Dr. Doom" for his accurate predictions of the global financial crisis, warns that if Donald Trump is re-elected, there is a higher risk of stagflation. Roubini believes that Trump's policies, such as higher tariffs, devaluing the US dollar, and a tough stance on illegal immigration, could slow down the economy and increase inflation. He also points to tensions in the Middle East as a potential catalyst for higher oil prices, which would further harm businesses and consumers. Roubini recommends investors hold gold, short-term duration bonds, and Treasury inflation-protected securities to hedge against these risks. However, it should be noted that not all of Roubini's previous forecasts have come true. He is also optimistic about the long-term potential of American technology giants, but warns of volatility due to factors such as inflation and interest rates. Roubini believes that traders have largely ignored the risks of a second Trump presidency due to the tight race with Kamala Harris, the potential for a more moderate approach, and the possibility of a market selloff preventing certain policies from being enacted. [Extracted from the article]

According to Anne Walsh, the chief investment officer of Guggenheim Partners Investment Management, US inflation could climb back up to 4% in the medium term due to factors such as spending on artificial intelligence technology and nearshoring. While inflation is expected to return to the Federal Reserve's 2% target in the short run, Walsh believes it may not stay there for long. She also expresses skepticism about China's stock market and anticipates that the upcoming presidential election in the US will have a significant impact on markets. To prepare for potential risks, Walsh recommends investing in high-yield debt, companies with strong finances, and infrastructure and real estate, while remaining cautious about office properties. [Extracted from the article]

Hurricane Milton is intensifying and heading towards Florida's Gulf Coast and Tampa. It has the potential to become a Category 4 storm and may cause significant damage and power outages. Governor Ron DeSantis has declared a state of emergency in 51 counties and is urging residents to evacuate. The storm could be the largest evacuation in Florida since Hurricane Irma in 2017. The Federal Emergency Management Agency (FEMA) is prepared to provide resources and support. Milton would be the second major hurricane to hit the US in two weeks, following Hurricane Helene. [Extracted from the article]

Hurricane Milton is intensifying and heading towards Florida's Gulf Coast and Tampa. It has the potential to become a Category 4 storm and may cause significant damage and power outages. Governor Ron DeSantis has declared a state of emergency in 51 counties and is urging residents to evacuate. The storm could be the largest evacuation in Florida since Hurricane Irma in 2017. The Federal Emergency Management Agency (FEMA) is prepared to provide resources and support. Milton would be the second major hurricane to hit the US in two weeks, following Hurricane Helene. [Extracted from the article]

Hurricane Milton is rapidly intensifying and has the potential to reach Category 4 strength as it approaches Florida's Gulf Coast and Tampa. The storm could cause significant damage and exacerbate the already devastated state and region following Hurricane Helene. Governor Ron DeSantis has declared an emergency in 51 counties and warned of major power outages and the need for a large-scale evacuation. President Joe Biden has been briefed on the storm's potential impact, and Mexico has issued a hurricane watch for the Yucatan Peninsula. The storm is expected to make landfall near Tampa Bay on October 9 as a Category 3 hurricane. [Extracted from the article]

Tropical Storm Milton is expected to become a major hurricane and is heading towards Florida's Gulf Coast, including Tampa. This comes less than two weeks after Hurricane Helene caused significant damage in the region. Governor Ron DeSantis has declared a state of emergency in 35 counties, and President Joe Biden has been briefed on the storm's potential impact. The storm is predicted to bring strong winds and power outages, and FEMA is prepared to provide support. The exact path of the storm is still uncertain, but residents along the Florida shoreline are advised to prepare for a powerful hurricane with life-threatening hazards. [Extracted from the article]

The stock market's strong performance this year, with the S&P 500 Index gaining 20% and adding $8 trillion to its market capitalization, is now being tested by the upcoming corporate earnings season. Analysts have lowered their expectations for third-quarter results, projecting a 4.7% increase in earnings compared to earlier projections of 7.9%. Investors are particularly interested in seeing if companies are delaying spending, if demand has slowed, and if customers are behaving differently due to geopolitical risk and macro uncertainty. The obstacles facing investors include the upcoming US presidential election, interest rate uncertainty, and a deepening conflict in the Middle East. However, there is reason for optimism as lowered earnings projections may make it easier for companies to beat expectations, and there is data suggesting that US companies remain fundamentally resilient. The Federal Reserve's easing cycle has historically been positive for US equities, and unless earnings disappoint, the Fed is expected to have a bigger influence on markets between now and year-end. [Extracted from the article]

Hurricane Milton has intensified into a Category 1 hurricane and is expected to strengthen further as it approaches Florida's Gulf Coast, including the Tampa Bay area. The storm has the potential to cause significant damage and worsen the already vulnerable state and region, which is still recovering from Hurricane Helene. Governor Ron DeSantis has declared a state of emergency in 35 counties, and President Joe Biden has been briefed on the storm's potential impact. FEMA is prepared for the hurricane and will provide additional resources to support Florida's needs. The storm is expected to make landfall on October 9 with winds of up to 125 mph. [Extracted from the article]

According to Scott Rubner, managing director for global markets and tactical specialist at Goldman Sachs, US stocks are expected to experience a year-end rally that could push the S&P 500 Index past 6,000. Rubner cites seasonal tailwinds and the tendency for stocks to advance after US presidential elections as factors contributing to this prediction. However, Rubner also acknowledges several headwinds that may keep the market bearish in the next few weeks before the rally begins. This differs from Goldman Sachs' chief US equity strategist David Kostin's estimate of 5,600 for the year-end target. [Extracted from the article]

According to Scott Rubner, managing director for global markets and tactical specialist at Goldman Sachs, US stocks are expected to experience a year-end rally that could push the S&P 500 Index past 6,000. Rubner cites seasonal tailwinds and the tendency for stocks to advance after US presidential elections as factors contributing to this prediction. However, Rubner also acknowledges several headwinds that may keep the market bearish in the next few weeks before the rally begins. This forecast differs from Goldman Sachs' chief US equity strategist David Kostin, who estimates the S&P 500 to reach 5,600. [Extracted from the article]

US stocks are experiencing a decline and volatility is increasing due to reports of potential ballistic missile attacks by Iran against Israel. The S&P 500 Index fell by 1.4%, with the information technology sector being the main drag on the index. Middle East tensions are causing market uncertainty, leading to increases in oil prices, bond prices, and gold prices, while stocks are decreasing. The expensive valuations of equities entering the fourth quarter have left the market vulnerable to sudden shocks. Various strategists and traders have expressed their reactions to the situation, with some expecting a short-term impact but not anticipating a derailing of the bull market. Others have highlighted concerns about potential disruptions to supply chains and inflationary pressures. Overall, the situation remains fluid and investors are closely monitoring developments. [Extracted from the article]

US stocks are experiencing a decline and volatility is increasing due to reports of Iran preparing to launch a ballistic missile attack against Israel. The S&P 500 Index fell by 1.4%, with the technology sector being the main drag on the index. Middle East tensions are causing market uncertainty, leading to a sell-off in stocks and an increase in prices for oil, bonds, and gold. Some experts believe that the high valuations of equities and the absence of valuation support are exacerbating the selloff. However, others believe that the bull market will not be derailed by the escalation in the Middle East. [Extracted from the article]

According to Mark Spitznagel, founder and chief investment officer of Universa Investments, the stock market is currently in a "Goldilocks zone" with equities reaching all-time highs and traders feeling confident about an economic soft landing. However, Spitznagel warns investors to be cautious of second-order effects, such as an economic slowdown that could cause the market to crash abruptly, even as the Federal Reserve cuts interest rates. He predicts a potential "crush" in global markets until the end of the year due to a slowdown in economies. Spitznagel also suggests that investors should consider bonds as a safe haven and expects increased volatility in the coming months. [Extracted from the article]

Chinese stocks, particularly those listed in the US, have experienced a significant surge in value recently. Scott Rubner, a managing director at Goldman Sachs, believes that Chinese stocks should be a part of investors' plans after the US election. The Chinese government has announced measures to stimulate consumption, address local government debt, and stabilize the real estate market, which has contributed to the rally. Rubner suggests that the long-awaited recovery in Chinese equities may have finally arrived, and investors should consider taking advantage of this opportunity. Hedge funds and mutual funds have also shown increased interest in Chinese equities, and passive investors are starting to allocate more funds to Chinese ETFs. Rubner recommends specific trades, such as buying call spreads on ETFs like iShares China Large-Cap ETF and iShares MSCI Emerging Markets ETF. [Extracted from the article]

Hedge funds have recently been buying up Chinese equities in anticipation of the country's new stimulus program boosting economic growth. This surge in buying was driven primarily by investors adding long positions, with a focus on A-shares and to a lesser extent H-shares. Chinese stocks experienced a significant increase on Tuesday following the announcement of measures aimed at boosting the economy, housing sector, and stock market. However, doubts remain about whether Beijing can effectively revive the market and the economy. Hedge funds have been skeptical about Chinese stocks for the past two years, with net sales and allocations at their lowest levels in five years. The CSI 300 Index is currently down less than 1% for the year, reaching its lowest levels since 2019. [Extracted from the article]

Wall Street traders are facing a unique challenge in the stock market due to the Federal Reserve's interest rate cuts. The traditional trading playbook of buying defensive stocks during rate cuts is no longer applicable because the economy is growing, equity indexes are reaching all-time highs, and corporate earnings are expected to continue expanding. Investment professionals are now looking towards financials and sectors closely tied to a strong economy, rather than safety stocks like utilities and consumer staples. The lack of historical precedent for this situation makes it difficult to predict the best investment strategies. [Extracted from the article]

Josh Schiffrin, the global head of trading strategy at Goldman Sachs, has been promoted to the position of chief strategy officer and head of financial risk for global banking and markets. In his new role, Schiffrin will oversee the financial risk team, FICC desk, prime risk strats team, and the strategy, investments, and partnerships team. He will also work with the firm's businesses to ensure proper supervision of trading activities and a strong control environment. Schiffrin joined Goldman Sachs in 2001 and has been successful in his recent predictions regarding the Federal Reserve's interest rate cuts. [Extracted from the article]

Josh Schiffrin, the global head of trading strategy at Goldman Sachs, has been promoted to the position of chief strategy officer and head of financial risk for global banking and markets. In his new role, Schiffrin will oversee the financial risk team, FICC desk, prime risk strats team, and the strategy, investments, and partnerships team. He will also work with the businesses to ensure proper supervision of trading activities and a strong control environment. Schiffrin joined Goldman in 2001 and has been successful in his recent predictions on the Federal Reserve's interest rate cuts. [Extracted from the article]

According to Scott Rubner, managing director for global markets and tactical specialist at Goldman Sachs Group Inc., US stocks are expected to rally by the end of the year, despite facing challenges in the near term. Risks include options expiration, declining options volatility, and selling pressure from active mutual funds and pension funds. Institutional investors are reducing positions and adding hedges ahead of the election, while hedge funds are expected to reduce positions as well. However, after the election, Rubner predicts a "FOMO year-end rally" regardless of the outcome, with the S&P 500 potentially reaching 6,000. [Extracted from the article]

Josh Schiffrin, the global head of trading strategy at Goldman Sachs, has been promoted to the position of chief strategy officer and head of financial risk for global banking and markets. In his new role, Schiffrin will oversee the financial risk team, FICC desk, prime risk strats team, and the strategy, investments, and partnerships team. He will also work with the businesses to ensure proper supervision of trading activities and a strong control environment. Schiffrin joined Goldman in 2001 and has been successful in predicting the size of the Federal Reserve's interest rate cuts. [Extracted from the article]

Goldman Sachs Group Inc.'s trading desk believes that now is the time to buy artificial intelligence (AI)-related stocks, despite recent declines. They expect lower interest rates, reduced uncertainty after the election, and progress in AI products to support the industry. Goldman's Broad AI basket, which includes companies like Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta Platforms, and Oracle, is down 11% from its high in July. The bank sees this as a buying opportunity, as they expect AI companies' net income to double in the next year and anticipate continued growth in power generation tied to the technology. [Extracted from the article]

The stock market rally is facing challenges that threaten its momentum, including concerns about the US economy, growth in China and Germany, and the upcoming US election. The recent weaker payrolls growth in the US has reinforced fears of a cooling labor market and caused stocks to decline. Additionally, frothy valuations and the concentration of money in mega-cap tech stocks have created vulnerabilities. Despite these challenges, the S&P 500 is still up 13% this year, but analysts predict more modest gains for the rest of 2024. [Extracted from the article]

According to data from Birinyi Associates, companies authorized a record-breaking $107 billion in buybacks last month, with the dollar value of announced buybacks being 17% higher than the previous August record. Goldman Sachs Group Inc. predicts that companies will supply $6.62 billion worth of daily purchasing power until September 13th, when they are required to pause ahead of the third-quarter earnings season. This surge in buybacks is seen as a positive sign for equity bulls after the recent stock market rout. However, critics argue that the money could be better used for long-term growth and employee benefits. [Extracted from the article]

According to Scott Rubner, managing director for global markets and tactical specialist at Goldman Sachs Group Inc., the stock market may experience a correction if payrolls data is weak on Friday. Rubner predicts that a risk-off move will begin on September 16 and that the end of September is historically a challenging trading period for the S&P 500. He also notes that systematic funds and companies are reducing their stock market demand, and that global active investors have higher US equity risk as the presidential election approaches. Rubner's previous predictions have been accurate, and he expects the market to remain bearish until after the election. [Extracted from the article]

An options trader has spent $9 million on call spreads on the Cboe Volatility Index (VIX) in order to protect against a potential spike in S&P 500 volatility in September. This comes as September has historically been a weak month for the S&P 500, and with the US presidential election approaching, there is increased uncertainty. The trader is likely using this strategy as a low-cost hedge against a significant increase in near-term volatility, with upcoming events such as the nonfarm payrolls report and the Federal Reserve's interest-rate decision potentially serving as catalysts. [Extracted from the article]

US stocks rebounded after data showed that the economy grew faster than expected in the second quarter. The Nasdaq 100 Index was up 0.8%, while the S&P 500 was 0.4% higher. However, Nvidia Corp. saw a decline in its stock after delivering a disappointing forecast. The Federal Reserve's expected easing of monetary policy has led to a shift out of big tech stocks and into those expected to benefit from lower interest rates and a still-growing economy. The S&P 500 is on track to finish August just shy of its all-time high. [Extracted from the article]

According to Scott Rubner, managing director for global markets and tactical specialist at Goldman Sachs Group Inc., the S&P 500 Index is expected to reach a new all-time high this week due to strong flows from corporate buybacks and systematic funds. Rubner estimates that there will be $17 billion of demand from robots and corporates each day this week. The Federal Reserve's dovish pivot on interest rates has given the green light for re-leveraging, leading to higher equity prices. However, Rubner warns that demand may decrease in three weeks, potentially causing a downturn. Additionally, the upcoming earnings report from Nvidia Corp. is expected to have a significant impact on the market. [Extracted from the article]

Wall Street traders and analysts were left frustrated and furious after a botched government release of jobs data caused chaos in the stock and bond markets. The Bureau of Labor Statistics failed to release a key revision to jobs data as expected, and then provided the data to a few firms while leaving everyone else in the dark. Rumors and incorrect figures spread during the delay, and when the data was finally released, it showed that job growth estimates would be revised down significantly. This incident is the latest in a series of embarrassing mishaps involving the Labor Department's data releases, causing concern among investors. [Extracted from the article]

Morgan Stanley's chief US equity strategist, Michael Wilson, believes that the upcoming jobs data in early September will have a significant impact on the Federal Reserve's decisions and the stock market. Wilson states that the labor data will dictate the Fed's actions and that the market will react accordingly. He warns that if the jobs report is negative, the market could experience a similar downturn as it did in July, but a strong payroll number could reverse this trend. Wilson accurately predicted the recent downturn in the S&P 500 and believes that the stock market is currently more vulnerable to negative labor market reports. [Extracted from the article]

The botched release of jobs data by the Bureau of Labor Statistics has caused chaos in the stock and bond markets, leaving traders and analysts frustrated. The error occurred when the BLS failed to release a key revision to jobs data at the expected time, and then provided the data to a few firms while leaving everyone else in the dark. The released data showed that job growth estimates would be revised down significantly. This incident is the latest in a series of embarrassing mishaps involving the Labor Department's data releases, raising concerns about the integrity of the data and the government's handling of it. [Extracted from the article]

Several banks, including Mizuho Financial Group, BNP Paribas, and Nomura Holdings, were able to obtain key payroll numbers directly from the Bureau of Labor Statistics (BLS) while the rest of Wall Street experienced a half-hour delay. This delay caused confusion and market volatility. The BLS has faced previous mishaps in data releases, raising questions about their practices. The incident has prompted a review of procedures to prevent similar occurrences in the future. [Extracted from the article]

Several banks, including Mizuho Financial Group, BNP Paribas, and Nomura Holdings, were able to obtain key payroll numbers directly from the Bureau of Labor Statistics (BLS) while the rest of Wall Street experienced a half-hour delay. This delay caused confusion and frustration among traders. When the data was finally released, it showed a significant downward revision to the job numbers, leading to initial market jumps and speculation about interest rate cuts by the Federal Reserve. This incident is the latest in a series of mishaps involving the release of Labor Department data, raising questions about the department's practices. [Extracted from the article]

At least three banks, Mizuho Financial Group Inc., BNP Paribas SA, and Nomura Holdings Inc., were able to obtain advanced information about the payroll numbers before they were publicly released due to a delay in the Bureau of Labor Statistics' posting of the data. The released data showed a significant downward revision to the job numbers, which supported speculation that the Federal Reserve would cut interest rates. This incident is the latest in a series of mishaps involving Labor Department data. [Extracted from the article]

According to Goldman Sachs Group Inc.'s trading desk, momentum traders and corporate buybacks are expected to drive a rally in US stocks over the next four weeks. Scott Rubner, managing director for global markets and tactical specialist at the bank, predicts that current positioning and flows will act as a tailwind for stocks, as sellers are running out of ammunition. The flow of funds from trend-following systematic funds and the expected buying of stocks by commodity trading advisers and volatility-control funds are also expected to contribute to the rally. However, Rubner warns that the stock market could turn negative again after September 16. [Extracted from the article]

The recent rebound in US tech stocks has not convinced options traders, as the cost of contracts hedging against volatility in the Nasdaq 100 Index remains high compared to contracts on the S&P 500 ETF Trust. Tech stocks had been performing well, but concerns about high interest rates and weaker economic data caused a significant drop in July and early August. While the S&P 500 has recovered, traders remain cautious as tech profits slow and investors want to see the impact of artificial intelligence. The upcoming Nvidia earnings report and the Jackson Hole symposium are expected to influence market volatility. [Extracted from the article]

According to Tony Pasquariello, global head of hedge funds coverage at Goldman Sachs Group Inc., investors should focus on buying high-quality assets despite positive market shifts and macro factors. The S&P 500 Index has been on a winning streak, with the US economy holding up, earnings growth broadening, and the Federal Reserve having the ability to cut interest rates. Pasquariello notes that the speculative community has reduced their positions since July, and quant investors are expected to buy stocks regardless of market direction. Corporate America has also been buying back shares, and the macroeconomic environment is supporting stocks. However, Pasquariello warns of increased volatility due to low liquidity in August and uncertainty surrounding the US presidential election. [Extracted from the article]

Systematic funds, which buy stocks based on market signals and volatility moves rather than company fundamentals, have recently sold a large amount of equities in the US. However, with the market stabilizing and economic data suggesting a soft landing for the Federal Reserve, these funds are expected to start buying stocks again. Volatility control funds, commodity trading advisers, and risk parity funds are also likely to contribute to the buying pressure. While it may take some time for the buying to show up in market averages, the longer-term inflows from these funds could be significant. [Extracted from the article]