📈 Narrative Investing – Latest Report

Built: 2026-04-09 22:15 UTC  |  DB: narrative_investing.db

Morning Note

Morning Note — 2026-04-09 (built 22:15 UTC), 316 posts today across 10 subreddits.

Regime: risk-on — led by geopolitical_risk, while AI_boom continues to cool.

Current Top Market Narratives

1. geopolitical_risk   fear 
  •  confidence z=+0.28
  •  euphoria z=+0.31
  •  fear z=-1.81
  •  frustration z=+0.45
  •  greed z=-0.07
  •  hope z=+0.21
  •  optimism z=-0.54
  •  panic z=+0.07
  •  skepticism z=-0.58
  •  uncertainty z=-1.19
2. energy_insecurity   confidence    fear 
  •  confidence z=-2.27
  •  euphoria z=+0.53
  •  fear z=-1.93
  •  frustration z=-0.49
  •  greed z=-1.26
  •  hope z=+0.23
  •  optimism z=-0.61
  •  panic z=-0.44
  •  skepticism z=-0.97
  •  uncertainty z=-1.13
3. technology_paradigm_shift   euphoria 
  •  confidence z=+0.57
  •  euphoria z=+2.00
  •  fear z=-1.38
  •  frustration z=-0.40
  •  greed z=+0.53
  •  hope z=+0.60
  •  optimism z=+0.10
  •  panic z=+0.84
  •  skepticism z=-0.68
  •  uncertainty z=-0.14
4. commodities_supercycle   confidence    fear 
  •  confidence z=-2.89
  •  euphoria z=-0.59
  •  fear z=-2.26
  •  frustration z=-1.41
  •  greed z=-0.98
  •  hope z=+0.71
  •  optimism z=-1.58
  •  panic z=-1.22
  •  skepticism z=-0.60
  •  uncertainty z=-1.18
5. AI_boom   euphoria    optimism 
  •  confidence z=-0.16
  •  euphoria z=+2.40
  •  fear z=-1.40
  •  frustration z=-0.73
  •  greed z=+0.42
  •  hope z=-0.03
  •  optimism z=-1.69
  •  panic z=+0.69
  •  skepticism z=-0.35
  •  uncertainty z=+0.30

What Changed Since Yesterday

↑ Top Increases

luddite_fear +4.87σ DoD
+4.87σ vs own history — +923% change, now at 100th percentile; breadth 5 subreddits.
  •  confidence z=+0.00
  •  euphoria z=+0.00
  •  fear z=-1.41
  •  frustration z=-1.41
  •  greed z=+0.00
  •  hope z=+0.00
  •  optimism z=+0.00
  •  skepticism z=+1.41
  •  uncertainty z=-1.41
eu_us_relations +2.21σ DoD
+2.21σ vs own history — +38% change, now at 100th percentile; breadth 7 subreddits.
  •  confidence z=+0.70
  •  fear z=+0.67
  •  frustration z=+0.71
  •  greed z=+0.00
  •  hope z=-0.13
  •  optimism z=+0.22
  •  panic z=+0.00
  •  skepticism z=+1.14
  •  uncertainty z=+1.02
technology_paradigm_shift +1.04σ DoD
+1.04σ vs own history — +19% change, now at 96th percentile; breadth 9 subreddits.
  •  confidence z=-0.14
  •  euphoria z=+1.08
  •  fear z=-0.23
  •  frustration z=+0.45
  •  greed z=-0.45
  •  hope z=+0.39
  •  optimism z=-0.40
  •  panic z=+0.00
  •  skepticism z=+0.20
  •  uncertainty z=+0.03

↓ Top Decreases

banking_crisis -1.63σ DoD
-1.63σ vs own history — -16% change, now at 22th percentile; breadth 9 subreddits.
  •  confidence z=-0.01
  •  fear z=-0.88
  •  frustration z=-0.25
  •  greed z=-0.53
  •  hope z=+0.39
  •  optimism z=+0.22
  •  panic z=-0.11
  •  skepticism z=+0.15
  •  uncertainty z=-0.19
dollar_strength -1.14σ DoD
-1.14σ vs own history — -28% change, now at 15th percentile; breadth 4 subreddits.
  •  confidence z=-0.47
  •  fear z=-0.23
  •  frustration z=+2.57
  •  greed z=+0.00
  •  hope z=+0.00
  •  optimism z=+0.00
  •  panic z=+0.00
  •  skepticism z=+0.26
  •  uncertainty z=+0.66
geopolitical_risk -0.88σ DoD
-0.88σ vs own history — -5% change, now at 81th percentile; breadth 10 subreddits.
  •  confidence z=+0.06
  •  euphoria z=+0.00
  •  fear z=-0.28
  •  frustration z=+0.45
  •  greed z=-0.14
  •  hope z=-0.77
  •  optimism z=-1.02
  •  panic z=-0.13
  •  skepticism z=+0.33
  •  uncertainty z=-0.00

What Changed Since Last Week

↑ Top Increases

luddite_fear: +4.46σ WoW — trend accelerating
+4.46σ vs own history — +57425387207% change over the last 3 days.
  •  confidence z=+0.00
  •  euphoria z=+0.00
  •  fear z=+0.00
  •  frustration z=+0.00
  •  greed z=+0.00
  •  hope z=+0.00
  •  optimism z=+0.00
  •  skepticism z=+0.00
  •  uncertainty z=+0.00
eu_us_relations: +1.43σ WoW — trend accelerating
+1.43σ vs own history — +189% change over the last 3 days.
  •  confidence z=+0.00
  •  fear z=+1.54
  •  frustration z=+2.77
  •  greed z=+0.00
  •  hope z=+0.00
  •  optimism z=+2.20
  •  panic z=+0.00
  •  skepticism z=+2.17
  •  uncertainty z=+0.44
demographic_shift: +1.29σ WoW — trend decelerating
+1.29σ vs own history — +219% change over the last 3 days.
  •  confidence z=+2.73
  •  fear z=+0.00
  •  frustration z=+0.00
  •  greed z=+0.00
  •  hope z=+2.46
  •  optimism z=+2.17
  •  panic z=+0.00
  •  skepticism z=-1.06
  •  uncertainty z=-0.46

↓ Top Decreases

dollar_strength: -1.13σ WoW — trend decelerating
-1.13σ vs own history — -19% change over the last 3 days.
  •  confidence z=+0.16
  •  fear z=-0.68
  •  frustration z=+4.19
  •  greed z=+0.00
  •  hope z=+0.38
  •  optimism z=+0.00
  •  panic z=+0.00
  •  skepticism z=-2.38
  •  uncertainty z=-2.05
ex_usa_trade: -1.08σ WoW — trend decelerating
-1.08σ vs own history — -51% change over the last 3 days.
  •  confidence z=+0.08
  •  euphoria z=+0.00
  •  fear z=-1.66
  •  frustration z=-0.28
  •  greed z=+0.00
  •  hope z=+1.29
  •  optimism z=-0.53
  •  panic z=+0.00
  •  skepticism z=+1.43
  •  uncertainty z=-0.12
sector_rotation: -0.74σ WoW — trend decelerating
-0.74σ vs own history — -11% change over the last 3 days.
  •  confidence z=+1.23
  •  euphoria z=+0.01
  •  fear z=+0.40
  •  frustration z=+0.09
  •  greed z=-1.19
  •  hope z=+0.47
  •  optimism z=-0.08
  •  panic z=+0.00
  •  skepticism z=+0.60
  •  uncertainty z=+1.02

Narratives to Look Out For

trade_protectionismp100

Attention is at the 100th percentile of its 260-day history — unusually high relative to recent levels.

  •  confidence z=-0.23
  •  fear z=+1.73
  •  frustration z=-0.19
  •  greed z=+0.00
  •  hope z=-1.32
  •  optimism z=+0.21
  •  panic z=+0.71
  •  skepticism z=+1.50
  •  uncertainty z=-0.21
eu_us_relationsp100

Attention is at the 100th percentile of its 260-day history — unusually high relative to recent levels.

  •  confidence z=+1.57
  •  fear z=+1.54
  •  frustration z=+1.45
  •  greed z=+0.00
  •  hope z=-1.13
  •  optimism z=+0.56
  •  panic z=+0.00
  •  skepticism z=+1.50
  •  uncertainty z=+0.90
luddite_fearp100

Attention is at the 100th percentile of its 260-day history — unusually high relative to recent levels.

  •  confidence z=+0.00
  •  euphoria z=+0.00
  •  fear z=-0.71
  •  frustration z=-0.71
  •  greed z=+0.00
  •  hope z=+0.00
  •  optimism z=+0.00
  •  skepticism z=+0.71
  •  uncertainty z=-0.71

Emotion & Positioning Read

Sentiment: fear subdued, skepticism neutral
Fear z-score: -1.39 — Skepticism z-score: -0.01.
Fear most concentrated in deglobalisation
Average fear score for deglobalisation: 0.85.
Narrative-weighted fear across top 3 narratives
geopolitical_risk (0.55), energy_insecurity (0.57), technology_paradigm_shift (0.42).

Novelty / New Information

Novelty: elevated
Jensen–Shannon divergence: 0.014 vs 7-day baseline 0.011.
Narratives driving novelty shift
technology_paradigm_shift (+2.2%), luddite_fear (+1.8%).

Watchlist

Watch geopolitical_risk: if it remains above p89 for 3 days and fear stays elevated
Action: defensive tilt / energy hedge bias.
Watch luddite_fear: WoW rising (+57425387207%)
If trend continues → review positioning.
Watch recession / banking_crisis: elevated attention detected
If WoW continues rising and banking_crisis fear > 0.75 → raise quality bias, consider duration hedge.

Data Quality Notes

Percentage changes may be amplified from near-zero baselines
Moves from near-zero base can inflate % change; we prioritize absolute change and percentile ranks.
Data source: Reddit (retail/discussion attention)
Coverage is Reddit-based; interpret as retail/discussion attention, not institutional positioning.
Details (exact values)

Regime components: fear_z=-1.39, regime_score=-1.74

NarrativeTrendAtt. TodayDoDWoWPctile 260dBreadth
geopolitical_risk12.5859-0.5975+1.011881th10
energy_insecurity8.7155-0.3660+0.960685th10
technology_paradigm_shift5.1708+0.8330+0.318996th9
commodities_supercycle4.7291-0.0766+0.706769th10
AI_boom4.3993+0.7701-0.156096th9
crypto_adoption4.2292+0.4324+0.030996th10
inflation3.5155-0.1984+0.770844th8
sector_rotation3.0128-0.1475-0.376130th9
recession2.3693-0.2791-0.763019th9
trade_protectionism1.7920+0.1764+1.006189th9

Posts

Narrative Scores

Fastest-Growing Narratives (Attention Movers)

Ranked by weighted DoD (40%) + WoW (60%) absolute attention change. Most recent day: 2026-04-09

NarrativeAttention TodayDay-over-DayWeek-over-Week
technology_paradigm_shift6.6065+2.4424 (+58.7%)+1.3895 (+26.6%)
AI_boom5.6973+2.3948 (+72.5%)+0.7151 (+14.4%)
luddite_fear1.2641+1.1518 (+1025.9%)+1.2641 (+126410786254.2%)
eu_us_relations1.8565+0.8087 (+77.2%)+0.9765 (+111.0%)
crypto_adoption5.0932+0.7199 (+16.5%)+1.0036 (+24.5%)
interest_rate_insecurity1.9708+0.2847 (+16.9%)+0.9900 (+100.9%)
inflation3.5385-0.2511 (-6.6%)+1.2775 (+56.5%)
stagflation1.4543-0.0161 (-1.1%)+0.7227 (+98.8%)
trade_protectionism2.1496-0.0456 (-2.1%)+0.6090 (+39.5%)
fed_pivot1.1195+0.0146 (+1.3%)+0.5023 (+81.4%)

Emotion Scores

Emotion per Narrative

Fetch Runs

166 total fetch runs  | Last run: 2026-04-09 22:00 UTC