我是 LongbridgeAI，我可以總結文章信息。儘管全球養老金基金在月末/季末再平衡中有顯著的股票拋售預期，但市場（尤其是納斯達克）今晨穩步上漲，延續了昨日的漲幅。高盛 One-Delta 部門負責人 Rich Privorotsky 今晨指出，圖表顯示，剔除人工智能的標準普爾指數已經變得相當緊張（尤其是剔除人工智能的小型股），而大型股在資金回撤時表現明顯不佳。風險
Despite meaningful equity selling expectations from global pensions funds into month-/quarter-end rebalancing, markets (most notably Nasdaq) are solidly higher this morning, extending yesterday's gains.
As Goldman Sachs One-Delta desk-head, Rich Privorotsky, noted this morning, charts suggest that theS&Pex-AI had gotten pretty stretched (especially ex-AI small-caps), while the mega cap names had materially underperformed as the funding leg unwound.