Top 5 Charts of the Day – December 7th 2020
#FOMO Among Big Investors May Support #Bitcoin’s Polarizing Rally – Bloomberg
*Link: https://t.co/7yVJCQUaG4 pic.twitter.com/hN41JjWe7Q— Christophe Barraud (@C_Barraud) December 6, 2020
no ‘shorts’ left! pic.twitter.com/hHXT53r6oT
— jeroen blokland (@jsblokland) December 6, 2020
Economists are only pessimistic individuals left (at least on Fintwit @Twitter); as perma-bears continue to show optimism & perma-bulls are most optimistic since March @DataArbor @Bloomberg pic.twitter.com/feU7qbYDoy
— Liz Ann Sonders (@LizAnnSonders) December 7, 2020
Quite a few US macro indicators are still tracking the early 00’s.
Consumer Conf. is one of them.
Point 4 = June ‘01.
Stock prices have historically been very correlated w/ this index & today the two are diverging by a near record amount.
Will post a follow-up chart tomorrow. pic.twitter.com/JcvOLL4OQj
— Julien Bittel, CFA (@BittelJulien) December 7, 2020
Alternative, high-frequency data show that activity in several of the world’s largest advanced economies slid at the beginning of December, reflecting a surge in the rate of Covid-19 infections and stricter containment measures https://t.co/XZXASNUvzC
— Bloomberg Asia (@BloombergAsia) December 7, 2020