Crash – the second

Written by Manfred Hübner | 04 July 2022
Posted in sentix Economic News

The scenery seems like something out of a bad film. The plot is simply too transparent. The catastrophe towards which the protagonists are heading is simply too obvious to generate any excitement. And it is hardly understandable that they also give active support to their fate. This is more or less what the collapse of the world economy seems like these days. The energy crisis, which is also homemade, is leading to considerable economic distortions. As we said last month, June did not really represent a stabilisation. We were only in the eye of the storm. Now the crash continues.

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sentix Survey results (26-2022)

Written by Patrick Hussy | 03 July 2022
Posted in sentix Weekly

Strategic bias awakens from slumber

We have repeatedly pointed out the opportunities in the bond market. Medium-term confidence continues to build, with the strategic bias reaching its highest level since May 2020. An increased perception of value inevitably leads to a willingness to buy and pushes bond prices upwards. The easing of pressure to raise interest rates could also favour a price recovery in equities.

Further results

• Bonds: Courage is rewarded
• CHF bias at all-time low
• sentix economic index: Monday, 04th July 2022 at 10:30 CEST

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sentix Survey results (25-2022)

Written by Patrick Hussy | 26 June 2022
Posted in sentix Weekly

Recovery underway - bear market remains intact

The economy in Euroland is shaking badly. Even the interim stabilisation in June has hardly changed anything. The macro-indication still shows a burden for shares. Next week will be exciting when the July figures are presented. Another dip in the sentix economic barometer would not bode well for the summer. After all, the indicator enjoys a reputation as a "first mover" in the financial community.

Further results

• Bonds: Patience & courage were rewarded
• Gold & Silver: Vola signal displayed
• sentix investor positioning in equities and bonds

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sentix Survey results (24-2022)

Written by Patrick Hussy | 19 June 2022
Posted in sentix Weekly

Professionals versus individuals - who will prevail?

The sell-off in risk assets continues. For institutional investors, depressed equity market prices are already becoming attractive and their bias is slowly rising, while private investors have yet to develop a new value perception on a 6-month horizon. A divergence of bias in both investor groups often correlates with market turning points. Similar spread widening in the bias can also be observed in US bonds and in EUR/USD.

Further results

• Bonds: Here, too, ideas diverge
• Bonds: Opportunities > Risk
• sentix styles - Investor preferences & behavior

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sentix Survey results (23-2022)

Written by Manfred Hübner | 12 June 2022
Posted in sentix Weekly

Another slump in sentiment for equities

The renewed slump in share prices is leading to a low in sentiment. US equity sentiment is at a similar low as in mid-May. In addition, the put-call ratio also jumps up. Investors are therefore increasingly looking to hedge. This will result in contrarian price opportunities until early / mid July, at the latest after the futures decline on Friday. Bonds, the big losers of the week, should also recover in price.

Further results

• Bonds: This has not happened since 2008!
• Political barometer: Eurozone in focus again
• sentix sector sentiment

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