Different Market Sentiment Indicators Risk appetite stays supported by steady global equity inflows, but the mood has cooled with markets entering a phase of consolidation. Image: Goldman Sachs Global Investment Research
Market Sentiment – Levkovich Index The Levkovich Index, or Panic/Euphoria Model, is currently at “euphoria,” indicating strong investor optimism. This often serves as a contrarian signal that equities may face downward pressure over the next 12 months. Image: Yahoo Finance
Market Sentiment Indicator Morgan Stanley’s market sentiment indicator has recently turned positive, signaling a shift towards a risk-on appetite after maintaining a neutral stance. Image: Morgan Stanley Research
U.S. Equity Market Sentiment and S&P 500 The equity risk indicator from Morgan Stanley is in the fear zone. Image: Morgan Stanley Research
Market Sentiment (AAII) Are AAII investors too bearish? The S&P 500 is up 30%, but there are now more bears than at the March lows. Image: Fidelity Investments
Market Sentiment Indicators Most market sentiment indicators are still at low levels. Image: Goldman Sachs Global Investment Research
Market Sentiment Index The market sentiment index is at a bearish extreme, but the stock market can still decline further. Image: Alpine Macro
Global Equity Market Sentiment vs. Change in G4 Central Bank Balance Sheets In 2013 and 2016, the expansion of central bank balance sheets contributed to improved market sentiment. Image: Nomura
Global Equity Market Sentiment Index vs. Global Economic Growth Momentum If the global equity market sentiment index remains below zero, it could suggest a slowdown in economic momentum. Image: Nomura
Seasonality of U.S. Equity Market Sentiment Index This chart puts into perspective the seasonal pattern in U.S. equity sentiment. Image: Nomura
European Equity Market Sentiment Index The chart shows that the European equity market sentiment has deteriorated. Image: Nomura