Top 5 Charts of the Day – August 11th 2020
The recovery has stalled in major advanced economies, with some countries hitting a ceiling on activity, below their pre-crisis levels, according to Bloomberg Economics gauges that integrate high-frequency data. pic.twitter.com/Dbe9V0ve34
— Christophe Barraud (@C_Barraud) August 11, 2020
Slightly weaker momentum in real M1 growth in July, mostly driven by stronger inflation. But the outlook improves post-summer as stimulus measures start to kick in. The upswing could however prove shorter than previous ones judging by current stimulus levels. pic.twitter.com/k3736Y9qEy
— Sebastian Dypbukt Källman (@sdypbuktkallman) August 11, 2020
Vanguard’s FTSE #Europe #ETF, the largest exchange-traded fund focused on the region’s equities, saw an inflow of $242 million in the last session for which Bloomberg has data.
*This was the biggest single-day addition since June 2017. pic.twitter.com/sz6PLttoeY— Christophe Barraud (@C_Barraud) August 11, 2020
The average price-sales ratio among the so-called #FANMAGs climbed as high as 8.33 last week, according to data compiled by Bloomberg.
*Their peak just surpassed the previous mark of 8.32, set in June 2018. pic.twitter.com/P3AOqPlhzM— Christophe Barraud (@C_Barraud) August 11, 2020
History being made:
Put/Call ratio's 50 dma is at the LOWEST level in the past 20 years.
Even less extreme cases led to pullbacks/corrections. Worrisome? pic.twitter.com/2IDcgqoei0
— SentimenTrader (@sentimentrader) August 11, 2020