Yellen, Summers Say Central Banks No Match for Savings Glut – Bloomberg
*Link: https://t.co/RlmARmV8Mp pic.twitter.com/KMBCg7Vu46— Christophe Barraud (@C_Barraud) November 17, 2020
The world’s stock of negative-yielding debt climbed to a record $17.1 trillion as pandemic-spurred economic damage and monetary stimulus continued to grip bond investors even as news of progress on a vaccine lifted equity markets – Bloomberg pic.twitter.com/hiiQ8JtFDK
— Christophe Barraud (@C_Barraud) November 20, 2020
91% of the respondents in the Bank of America's Global Fund Manager Survey expect a stronger economy in the next 12 months, the highest level in almost 20 years! pic.twitter.com/KtwAMJhYrD
— jeroen blokland (@jsblokland) November 17, 2020
Another critical Sentiment indicator to watch:
From the SF Fed – "The Daily News Sentiment Index is a high frequency measure of sentiment based on economic news articles"
Note the 200dma turning up from one of the lowest levels in history.
Data source: https://t.co/SSLYR4jVTl pic.twitter.com/EMVRnDVNuK
— Macro Charts (@MacroCharts) November 17, 2020
To set the record straight:
The median earnings yield for the tech sector is near March 2000 levels.
Investors focusing on market cap weighted measurements are completely missing the full picture.
Valuations are truly historic for these high-flying stocks. pic.twitter.com/Gt6ZasgTli
— Otavio (Tavi) Costa (@TaviCosta) November 22, 2020
There are no bears left: short interest is record low pic.twitter.com/TQe2cWxLvV
— zerohedge (@zerohedge) November 20, 2020
Hedge fund net and gross exposure is record high pic.twitter.com/2o0Adx9o1n
— zerohedge (@zerohedge) November 20, 2020
As usual, there is no liquidity pic.twitter.com/HATszMu5q6
— zerohedge (@zerohedge) November 16, 2020
Europe cases peaked pic.twitter.com/tFsXyMtkZb
— zerohedge (@zerohedge) November 19, 2020
Rising protests of #COVID19 restrictions in Europe may be an indicator for the U.S. in the months ahead. The US has had fewer restrictions compared to Europe so far this fall, but new cases are similarly rising and restrictions are looking more likely. h/t https://t.co/ccX3iggaLL pic.twitter.com/nxBqX53RLX
— Jeffrey Kleintop (@JeffreyKleintop) November 16, 2020