Sentiment – S&P 500 Performance After CBOE Put/Call Ratio Spikes of > 1.5 As a contrarian indicator, a high put/call ratio can be interpreted as a signal that the market may be nearing a bottom, or that a trend reversal may be imminent. Image: Carson Investment Research
Sentiment – CBOE Equity Put/Call Ratio The equity put/call ratio suggests very bearish sentiment. Image: The Daily Shot
Sentiment – CBOE U.S. Put/Call Ratio Composite The U.S. put/call ratio is trading at relatively high levels, which is contrarian bullish. Image: The Daily Shot
Central Banks – Quarterly Pace of Fed, ECB, BoJ, BOE Net Purchases (Quantitative Easing – QE) The pace of global central bank purchases is expected to turn negative in Q1 2022. Image: BofA Global Research
Nasdaq 100/Russell 2000 vs. Nasdaq 100/S&P 500 and CBOE Equity Put/Call Ratio Is Tech in a bubble? Image: Nordea and Macrobond
Sentiment – CBOE Put/Call Ratio and S&P 500 Index The put/call ratio suggests that investors are complacent. Image: Bloomberg
Sentiment – Equity Put/Call Ratio The CBOE U.S. equity put/call ratio is often seen as a contrarian indicator. Image: BofA Global Investment Strategy
G4 Central Bank Balance Sheet The combined G4 central bank balance sheet (Fed, ECB, BoJ, BoE) should continue to expand further. Image: J.P. Morgan
G4 Central Bank Balance Sheet, Flow The combined G4 central bank balance sheet (Fed, ECB, BoJ, BoE) is expected to expand further. Image: J.P. Morgan
G4 Central Bank Balance Sheet as % of GDP and MSCI World Index G4 central bank balance sheet (Fed, ECB, BoJ, BoE) as % of GDP is expanding. Image: Jeroen Blokland