Signs of Stress

By Lori Calvasina
Published July 1, 2020 | 5 min listen

In this edition, Lori discusses the latest developments in some of the more important daily and weekly indicators that she tracks. Two big things she’s learned over the last week: (1) bearishness continued to build among both institutional and individual investors, based on her review of the latest updates from CFTC on asset manager positioning in US equity futures, and the weekly individual investor survey from AAII. Second, she sees evidence that worsening virus trends may be starting to adversely impact consumer and small business behavior, putting the rebound in the S&P 500 at risk.

RBC Capital Markets Podcasts · Why US Equity Investors Are Getting More Bearish

Lori Calvasina
Managing Director & Head of U.S. Equity Strategy, RBC Capital Markets

Lori Calvasina joined RBC Capital Markets in 2017 as a Managing Director. Having spent nearly two decades as an equity strategist at major investment banks, Lori is an expert on the US stock market, and regularly represents RBC in the financial media on Bloomberg and CNBC. Prior to joining RBC, Lori was a senior equity strategist at Credit Suisse from 2010 to 2017, covering Small/Mid Cap Strategy from 2010-2014 and both Small/Mid Cap and US Equity Strategy from 2015-2017. She spent the first ten years of her career at Citi in a variety of roles including lead Small/Mid Cap Strategist from 2007-2010. In both 2008 and 2009 Lori was ranked #2 in the Small Companies category in the Institutional Investor All America Research team poll. Lori is a graduate of the University of Virginia and its selective Government & Foreign Affairs’ Honors Program. In 2019, she was named to Crains New York’s list of Notable Women in Finance.

Lori CalvasinaRBC's Markets in Motion PodcastS&P 500Stock Market

Signs of Stress

Related Content

Stay Informed