Gold Sentiment at Annual High
Gold Sentiment at Annual High The gold price ‘risk radar’ index is flashing red (-2.1 standard deviations). Image: Sentix, Bloomberg Finance L.P.
Gold Sentiment at Annual High The gold price ‘risk radar’ index is flashing red (-2.1 standard deviations). Image: Sentix, Bloomberg Finance L.P.
European Equity Market Sentiment Index The chart shows that the European equity market sentiment has deteriorated. Image: Nomura
University of Michigan Consumer Sentiment Index Leads U.S. Unemployment Rate This interesting chart suggests that the University of Michigan Consumer Sentiment Index leads the U.S. unemployment rate by 7 months (R = 0.95). Image: Paolo Cardena
U.S. Retail Sales and Consumer Sentiment Currently, the consumer is doing well, keeping the U.S. economy from tanking, and consumer sentiment is high. Image: Credit Suisse
AAII U.S. Investor Sentiment Bull vs. AAII U.S. Investor Sentiment Bear Spread The current spread suggests excessive pessimism. Image: Nautilus Research
Home Builder Sentiment Leads Consumer Spending Interesting chart suggesting that the NAHB housing market index leads the change in consumer spending. The latest reading for July suggests that the outlook for the U.S. economy is expected to slow. Image: Dr Thomas Kevin Swift
Weekly AAII Investor Sentiment Survey Bulls push above bears, but when doubt and fear are still present, it does not usually look like a major market top. Image: Reuters
Conference Board Consumer Confidence Index vs. University of Michigan Consumer Sentiment Index History tells us that before a recession, the consumer confidence vs. sentiment spread always peaks and then declines. Image: Crescat Capital LLC
University of Michigan Consumer Sentiment Index – Democrats vs. Republicans This chart shows that Democrats and Republicans have a completely different view of the U.S. economy. Democrats see a recession coming and Republicans see economic growth. Image: John Kemp
US Equity Market Sentiment and Relative ETF Flows Since 2018 This chart shows the correlation between US equity market sentiment and relative ETF flows recently. Inflow to US equity type ETF has picked up recently. Image: Nomura
The University of Michigan Consumer Confidence Sentiment Index Hit a 15-Year High Last time, it hit this level was in May 1997 and January 2004. That’s good news, because this level suggests that there is no imminent recession on the horizon.