Top 5 Charts of the Day – December 14th 2020

⚠ Another interesting piece from @johnauthers ⬇#Vaccines Bring Home the Failure of Herd Immunity – Bloomberg
*Financials are spectacularly out of favor.
*Link: https://t.co/Ig7C2rhGt2 pic.twitter.com/1lPqupppvl

— Christophe Barraud (@C_Barraud) December 14, 2020

Goldman Sachs declares 2020 the year of the SPAC.

"SPACs can be a cash substitute when fed funds are at the lower bound." pic.twitter.com/TFamIjsA6s

— Tracy Alloway (@tracyalloway) December 14, 2020

Never before have investors been so eager to give so much to such unproven companies.

We're seeing the biggest ratio of money-losing to money-making IPOs, and the youngest companies able to issue new shares in 35 years.https://t.co/kzfnNO3ut2

— SentimenTrader (@sentimentrader) December 14, 2020

The % of OECD countries w/ rising LEIs MoM fell again in Nov to 68%, after peaking at 100% in June.

The diffusion index leads the ISM Manufacturing Index by 6 months.

This would suggest that a peak in business sentiment is approaching.

Something to watch heading into Q1 ‘21. pic.twitter.com/WMrITD2QGZ

— Julien Bittel, CFA (@BittelJulien) December 14, 2020

Who is most exposed to Brexit pic.twitter.com/kDYmgcIR9m

— zerohedge (@zerohedge) December 13, 2020