sentix Survey results (12-2025)

Written by Manfred Hübner | 23 March 2025
Posted in sentix Weekly

US equity pessimism points to opportunities in April

Last week saw a certain degree of stabilization in US equities, although the chart picture is not yet particularly convincing. At least basic confidence has improved slightly and the number of bulls in the sentiment remains low, which is a rather positive sign statistically. And yet the TD-Index shows why investors should remain cautious.

Further results

• Bonds: Euroland bonds remain unattractive
• EUR-USD: Supported in the medium term
• sentix Styles - Investor preferences & behavior

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sentix Survey results (11-2025)

Written by Manfred Hübner | 16 March 2025
Posted in sentix Weekly

Trump weighs on sentiment

From celebrated beacon of hope to pariah, and all in just three months. After the US election in November, the reintroduced ‘Trump policy sentiment’ recorded an all-time high. Investors were counting on a business-friendly president. Now it has crashed to an all-time low. The view of the US is as bad as it has rarely been, while at the same time investors are celebrating the ‘debt orgy’ in Germany. A divergence that should not last.

Further results

• Equities: China as a beacon of hope
• Gold: TD-Index at important level
• sentix sector sentiment

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Unique decoupling

Written by Manfred Hübner | 10 March 2025
Posted in sentix Economic News

The announcement of debt-financed armaments programmes (EU and Germany) and infrastructure investments (Germany) has investors positively euphoric about further economic development. The sentix economic index for the euro area rises by 9.8 points to -2.9 points. At the same time, we are witnessing a historic crash in US eco-nomic indicators, the likes of which we have only seen during the 2008 financial crisis. The US expectations index falls for the third time in a row by 25.8 points to -17.8 points. How realistic and sustainable are both investor-designed scenarios?

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sentix Survey results (10-2025)

Written by Patrick Hussy | 09 March 2025
Posted in sentix Weekly

Crash with announcement

Last week saw a rare sentiment signal: Equity sentiment between the US and Germany is doing a real balancing act. Rarely before has there been such a wide divergence! The crash on the bond market also made a big impression on investors. The weakness came with an announcement. Unfortunately, the data points to further trouble ahead. Things are looking better for gold, even if the high level of overconfidence suggests that consolidation will continue.

Further results

• Equities: Sentiment balancing act between Germany and the US
• Gold: High overconfidence
• sentix economix index: Monday, 10th March 2025 at 10:30 CET

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A little more confidence - despite tariffs

Written by Patrick Hussy | 09 February 2025
Posted in sentix Economic News

The "first mover" among the economic indicators reflects somewhat more confidence for the eurozone in February. The overall index rose from -17.7 points to -12.7 points. Although the assessment of the current situation remains in the deep red zone, it also increased by 4.0 points. Economic expectations for the next 6 months, on the other hand, rose more dynamically by +6.0 points and exceeded the magic zero line for the first time since July 2024 with an index level of +1.0 points. The German economy is also benefiting from this confidence. Expectations have improved by +8.0 points, while the situation assessment remains recessive. Hopes are based on a political turnaround after the federal elections on 23rd February 2025. Internationally, the outlook is also improving: in the US, the economic picture remains robust. The figures for Japan and the Asia ex Japan region have also risen. The renewed rise in Latin America and the signs of easing in Eastern Europe are also striking.

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