#ECB’s Schnabel Warns Euro-Area Inflation Could Dip Below Zero – Bloomberg
*Link: https://t.co/6aDb5QDtMA pic.twitter.com/d6eXZlRpVi— Christophe Barraud (@C_Barraud) June 27, 2020
This chart shows that equity investors are addicted to fresh stimulus like a junkie. Without fresh Central Bank liquidity, a challenging global economy, high stock mkt valuations & increasing covid cases matter again. pic.twitter.com/vKqabwnfyD
— Holger Zschaepitz (@Schuldensuehner) June 27, 2020
Bye bye #buybacks! ht @LizAnnSonders pic.twitter.com/wWkTNBltUS
— jeroen blokland (@jsblokland) June 27, 2020
Aggregate equity allocation as measured by @GoldmanSachs has rebounded rather sharply to 80th percentile @SoberLook pic.twitter.com/nE18s8nzjt
— Liz Ann Sonders (@LizAnnSonders) June 26, 2020
S&P Positioning.
Large Speculators covered/didn't roll *70%* of Net Shorts last week.
It was the third largest net increase of all time, rivaling the summer of 2007.
Looking at history – at a minimum, this positioning is no longer a clear supportive signal for Stocks. pic.twitter.com/liBwwmBvna
— Macro Charts (@MacroCharts) June 27, 2020