Van Sentiment Indicator Reveals Hedge Fund Managers Remain Bullish On Equities

by Phillip Morton, Investors Offshore.com

03 August 2005

Van Hedge Fund Advisors International, LLC has released its market sentiment indicators for U. S. equities, the U.S. Dollar and the U.S. Treasury 10-year Note.

The VAN Macro Sentiment Indicators are based on the outlook of hedge fund managers employing a macro view who manage, in aggregate, in excess of $30 billion in assets. The purpose of the indicators is to reveal how these managers believe the S&P 500, the U.S. Dollar and the U.S. Treasury 10-year Note will perform over the current month.

The group's outlook for U.S. equities continues to remain positive as 50% anticipate the index will continue its rally into August, with 20% expecting a fall in the value of the index.

The managers' views on the U.S. Dollar remain mixed once again as 45% expect the Dollar to rally and 35% expect it to continue moving lower.

Finally, half of the participants anticipate prices on the U.S. Treasury 10-year Note will reverse in August and move higher, while 35% expect the 10-year to end the month lower.

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