In this episode, the DA&A Group discusses how investors were positioned heading into the CPI print and the key near-term catalysts going forward. They also discuss what positioning and flows suggest for market direction. Positioning assesses the data across the team’s Prime book (i.e. from Hedge Fund clients) as well as other investor types such as Retail, CTAs, and in ETFs. The episode features John Schlegel, head of Positioning Intelligence and Andrew Tyler, head of US Market Intelligence. This follows the team’s previous podcast on investor behavior amid the rally with Eloise Goulder, Head of Data Assets & Alpha Group, and the Positioning Intelligence team. This episode was recorded on September 19, 2022. The views expressed in this podcast may not necessarily reflect the views of J.P. Morgan Chase & Co and its affiliates (together “J.P. Morgan”), are not the product of J.P. Morgan’s Research Department and do not constitute a recommendation, advice, or an offer or a solicitation to buy or sell any security or financial instrument.  This podcast is intended for institutional and professional investors only and is not intended for retail investor use and is provided for information purposes only. Referenced products and services in this podcast may not be suitable for you and may not be available in all jurisdictions.  J.P. Morgan may make markets and trade as principal in securities and other asset classes and financial products that may have been discussed.  For additional disclaimers and regulatory disclosures, please visit: https://www.jpmorgan.com/disclosures/salesandtradingdisclaimer. © 2022 JPMorgan Chase & Company. All rights reserved.

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