Top 5 Charts of the Day – November 30th 2020

Equity Flows.

Many critical indicators look very overbought – for instance 4W flows are the highest since 2018.

But 1YR flows are just turning positive AND rising – after *two years* of relentless selling.

What's more important for the bigger picture?

h/t @themarketear pic.twitter.com/MNssqGAyfO

— Macro Charts (@MacroCharts) November 30, 2020

J.P. Morgan: 2021 central bank balance sheet growth half that of 2020, but still plenty enough to push asset prices higher. pic.twitter.com/wU4N0sgxkj

— jeroen blokland (@jsblokland) November 30, 2020

Dollar-melting continues: Euro tops $1.20 for the first time since Sep. pic.twitter.com/6GisKzYWdJ

— Holger Zschaepitz (@Schuldensuehner) November 30, 2020

BREAKING: Bitcoin extends rally to top all-time high of $19,511 https://t.co/okSp2Xo9Sx pic.twitter.com/arstjtXV9v

— Businessweek (@BW) November 30, 2020

airline travel pic.twitter.com/0jMsTSmV3U

— zerohedge (@zerohedge) November 30, 2020