Research Vault — Institutional Desk Research

The desk research, the way the analysts wrote it. 分析师原文研报，原汁原味呈现。

Showing the latest saved institutional reports.Refreshing the latest institutional reports. New buy-side and sell-side desk reports land here hourly — read the ones that touch what you hold. 正在显示最近保存的机构研报。正在刷新最新机构研报。买方与卖方研究每小时更新至此 —— 挑与你持仓相关的读。

The research the desks write for their clients — now on yours. 机构写给客户的研报 —— 现在也在你手中。

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New this week本周新增

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Desks publishing在发机构

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Most-covered theme覆盖最多主题

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In the vault库内总量

JPJ.P. MorganSELL

JPM US Market Intelligence Afternoon Briefing Aug 24

**Geopolitical Risk & Oil Volatility**: US-Iran tensions (Houthi tanker attack) drove WTI/Brent down 2.5% amid Strait of Hormuz concerns; US-Canada trade fight as macro overhang, directly impacting energy and bank sectors.
**NVDA Earnings Catalyst**: Beat consensus ($94–95B revenue vs.
$91.80B) with 4.6% implied move; strong GB300 growth and AI cloud story support near-term AI trade, though no Semis boost expected.
**Gold Narrative & Macro Hedge**: Middle East tensions elevate risk premium; gold trades $4.5k–$5k with $5k move potential next week due to PCE/Jackson Hole catalysts and momentum (post-$1k Jan surge).

Aug 25, 2026 · 00:49 UTC

RARabobankSELL

Global daily two wars and two economic wars

**Iran-US Economic Warfare & Regional Instability**: US Treasury sanctions targeting Iran’s economy, coupled with Iran’s threats against GCC/US bases and Hormuz, escalate regional tensions; Ukraine conflict (Russia’s warnings, EU support) and Canada’s USMCA collapse trigger tariffs, sovereignty restrictions, and disrupted trade flows.
**Policy-Driven Market Shifts**: Trump’s "Whatever It Takes" rhetoric (military as market intervention) and de-dollarization pressures signal a pivot from liberal order to US-centric control, with fiscal policies and military tactics becoming key market-moving tools, risking global trade fragmentation.
**Geopolitical Tensions & Sovereignty Erosion**: Canada’s Arctic vulnerability amid US-China rivalry forces strategic choices (e.g., aligning with China risks US backlash), while US military dominance (e.g., Trump’s "Special Military Operation Twist") directly shapes market stability, eroding sovereignty for middle powers.
**Policy Shifts & Trade War Risks**: US "Fortress North America" strategy drives Canada-US trade war (USMCA collapse, tariffs), creating multi-front risks for global trade and investment alongside Iran’s economic warfare and Ukraine conflict.

Aug 24, 2026 · 23:48 UTC

S&S&TSELL

US Equities Weekly Rundown 8 21 26

**HF Flow Reversal & Sector Selling**: HF net sold US stocks fastest since Liberation Day (2.0 SDs 1-yr), L/S net leverage at 48.3% (1-yr low); Info Tech (1.1 SDs) and Utilities (2.5 SDs) led net selling across 9/11 sectors.
**Tech Exposure Surge**: Prime Book data shows Info Tech net exposure rising sharply (25th percentile), signaling significant investor inflows into tech for growth portfolios.
**Momentum Breakdown**: GSPRHIMO (US High Beta Momentum) broke support with -35.0469% drawdown, volatility at 88.57 (highest since 2020), signaling elevated risk and technical deterioration.
**Crypto Market Catalyst**: Bitcoin’s 3-year weekly gain fuels crypto-sensitive equities rally; IBIT call volume spiked to 1.58mm (record), steepening 3m call skew indicating aggressive crypto/gold positioning.

Aug 24, 2026 · 22:40 UTC

1793 more institutional reports还有 1793 篇机构研报

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The desk research, the way the analysts wrote it. 分析师原文研报，原汁原味呈现。

Highlighted this week本周精选

JPM US Market Intelligence Afternoon Briefing Aug 24

Global daily two wars and two economic wars

US Equities Weekly Rundown 8 21 26

Pro research report

1793 more institutional reports还有 1793 篇机构研报