Better but still not good

Written by Manfred Hübner | 11 April 2023
Posted in sentix Economic News

The Eurozone economy continues to recover at the beginning of April. The major upheavals feared as a result of the gas and electricity price crisis in Europe have failed to materialise this winter. The situation assessment of the 1,300 investors surveyed by sentix reflects this with the sixth consecutive increase in the situation values for the Eurozone. The fact that this is not an all-clear signal becomes clear when looking at the expected values. They remain negative. In Eastern Europe, a friendlier picture is painted, with an increase in both components. For the USA, we measure a deterioration of the situation and expectations, contrary to the trend. This should not go unnoticed!

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sentix Survey results (14-2023)

Written by Patrick Hussy | 09 April 2023
Posted in sentix Weekly

Easter Edition

We wish all sentix participants a happy and blessed Easter. Due to the holiday there will be a short commentary this week.

Further results

• Equities: A rotten egg
• Bonds: Colorful eggs
• Gold mining stocks: Shiny eggs
• sentix economic index: Tuesday, 11th April 2023 at 10.30 AM CEST

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

sentix Survey results (13-2023)

Written by Manfred Hübner | 02 April 2023
Posted in sentix Weekly

A drumbeat in sentiment

Whereas the previous week we noted an astonishing lack of emotion among investors, this week we have to report a real drumbeat in sentiment. The sentiment data are jumping sharply upwards, the bulls have fully awakened and are celebrating the markets. Short term. In the medium term, however, basic confidence is falling. A dangerous development. The data are more unfavourable for equities than they have been for a long time. Portfolios, on the other hand, have more risk than at any time in months.

Further results

• Equities: But basic confidence is falling
• Bonds: Positive data!
• Gold: Stable

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

sentix Survey results (12-2023)

Written by Patrick Hussy | 26 March 2023
Posted in sentix Weekly

Astonishingly little emotion

In terms of news, there has been a lot going on in the markets in recent days. Wobbly banks, huge support measures, at the same time rising key interest rates. The indices on the stock and bond side are whizzing wildly back and forth. Surprisingly, this is causing little emotion among investors. It almost seems as if a natural behavior pattern is being suppressed. In precious metals, the pulse of investors is rising. This is where emotionality comes to the fore.

Further results

• Bonds: Bias constructive, offensive positioning puts the brakes on
• Silver: There could still be something
• sentix investor positioning in equities and bonds

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sentix Survey results (11-2023)

Written by Manfred Hübner | 19 March 2023
Posted in sentix Weekly

Strategic bias jumps

The FED's clear commitment, also underpinned by corresponding monetary actions, to nip the banking crisis in the US in the bud as far as possible, is convincing investors above all from a strategic perspective. The basic strategic confidence in US technology stocks has jumped significantly. This has only happened 8 times before. On average, the Nasdaq was up 6% 8 weeks later.

Further results

• FX: Surprisingly little movement in EUR-USD
• Gold: Overheated sentiment
• sentix styles - Investor preferences & behavior

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