Top 5 Charts of the Day – November 17th 2020

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

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

Global ex-US stocks poking into positive year-to-date territory pic.twitter.com/ldkdY4hjJA

— Mike Bird (@Birdyword) November 17, 2020

While bulls are buying stocks like there's no tomorrow…

Smart Money Confidence is at one of the lowest levels ever. pic.twitter.com/bBJazSSRG9

— SentimenTrader (@sentimentrader) 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