Lockdown-Blues

Written by Manfred Hübner | 06 December 2021
Posted in sentix Economic News

The global economy is still in a process of economic slowdown. This is proceeding in an orderly manner in most regions. The situation values are declining, while the medium-term expectations remain stable or even improve. This basically confirms our expectation that we are experiencing a "mid-cycle slowdown". The situation in Euro-land, on the other hand, looks worse. The tighter lockdown measures, which have been taken above all in Ger-many and Austria, are dampening the assessments of the situation there considerably. A slowdown to the point of recession no longer seems out of the question. These lock-downs are hitting the economy harder than before.

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sentix Survey results (49-2021)

Written by Patrick Hussy | 05 December 2021
Posted in sentix Weekly

Risk off, fear off

Where stock prices are stabilizing, investors do not believe they will improve: the bias for Chinese equities is sending no sign of life. In equity markets that recently corrected more significantly, the strategic bias rises again. Rehearsed reflexes are reactivated! This does not add up, especially since the stock sentiment reflects anything but panic. This probably has to happen before the ground is prepared for a tactical buying opportunity.

Further results:

• Gold: Deterioration
• Bitcoins: Mixed picture
• sentix economic index: Monday 06.12.2021 at 10:30 CET

Click here for the full report (requires a sentix registration)

sentix Survey results (48-2021)

Written by Manfred Hübner | 28 November 2021
Posted in sentix Weekly

Sentiment falls, bias rises reflexively

The weakness of the stock market is clearly reflected in market sentiment. The number of bulls is falling significantly, so that sentix sentiment is slightly negative again. Even if this means that the data situation has tended to improve, the current consolidation phase is probably not yet over. However, the speed of adjustment in investor expectations suggests that the consolidation period will be shorter overall.

Further results:

• Bonds: Turn in strategic bias
• Crude oil: Consolidation not yet over
• sentix investor positioning in equities and bonds

sentix Survey results (47-2021)

Written by Patrick Hussy | 21 November 2021
Posted in sentix Weekly

Descent in bias

Confidence in equities continues to wane. This can be observed not only for the Eurozone, but also for the other regions of the world. The euphoria that we were able to measure in classic sentiment just two weeks ago has also faded in a hurry. Instead, the countercyclical signals from the risk radars in bonds and crude oil are materializing.

Further results:

• Bonds: Signal quality of the risk radar - part 1
• Crude oil: Signal quality of the risk radar - part 2
• sentix styles - Investor preferences & behavior

Click here for the full report (requires a sentix registration)

sentix Survey results (46-2021)

Written by Manfred Hübner | 14 November 2021
Posted in sentix Weekly

Equity sentiment neutralises somewhat

After the very bullish sentiment values of the past week, sentiment has neutralised slightly with the onset of consolidation. However, an end to the current consolidation phase is not very likely, especially since the basic strategic confidence has also weakened further.

Further results:

• Precious metals: Investors are ecstatic
• FX: EUR-USD bias declines further
• sentix Sector Sentiment^th November 21 on 10:30h CET