National Association of Active Investment Managers Survey Investment managers are pulling in their horns. There's a notable negative divergence between the NAAIM Index and SPX. This setup is similar to February 2025, which preceded a significant drop in SPX.
Published Aug 08, 2026Updated Aug 08, 20262 min read
National Association of Active Investment Managers Survey Investment managers are pulling in their horns. There's a notable negative divergence between the NAAIM Index and SPX. This setup is similar to February 2025, which preceded a significant drop in SPX.
