sentix Survey results (35-2023)

Written by Patrick Hussy | 03 September 2023
Posted in sentix Weekly

Central bank policy loses its fright

Investors assume that the central banks will gradually take their foot off the brake. The main reason is the weak economy. This is making investors more bullish about equities in the medium term. In the short term, the fear factor is still in play - albeit now in a reduced form. Bond investors should also benefit from a less restrictive interest rate policy. Therefore, the bias development as well as the contrary overconfidence signals should be taken seriously.

Further results

• Equities: Fear in reduced form
• Bonds: UK bias soaring - overconfidence in US bonds
• sentix economic index: Monday, 04th Sept. 2023 at 10:30 CEST

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sentix Survey results (34-2023)

Written by Manfred Hübner | 27 August 2023
Posted in sentix Weekly

Negative sentiment supports

Sentiment for equities remains poor. Even though sentiment has improved somewhat, short-term skepticism dominates. This is particularly pronounced for China equities. This gives rise to short-term opportunities for a recovery. Bonds are suffering from the high attractiveness of short maturities. Memories of 2006-2008 are awakening. In gold and EUR-USD, there are interesting divergences between strategic bias and investor behavior.

Further results

• Bonds: Short maturities are irresistible
• Gold: Positioning helps
• sentix investor positioning in equities and bonds

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Data revision notification SNTL

Written by Manfred Hübner | 25 August 2023
Posted in Database news

Dear data client, due to a bug, a data point in the SNTL data sets for May 2010 was missing. We have reconstructed the data and added the missing data point to the data series.

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Behavioral Finance: Understanding the Psychology Behind Financial Decision-Making

Written by Manfred Hübner | 24 August 2023
Posted in Woolly thoughts (blog)

In the realm of traditional finance, economic theories often assume that investors are rational, utility-maximizing individuals who make decisions based on all available information. However, in reality, human behavior is far more complex and often deviates from these rational models. This realization has given rise to a field known as behavioral finance, which seeks to understand the psychological factors that influence financial decision-making and the subsequent impact on markets and economic outcomes.

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sentix Survey results (33-2023)

Written by Patrick Hussy | 20 August 2023
Posted in sentix Weekly

In the middle of the process, not at the end

Sentiment for equities is plummeting dramatically. The sentiment level brings back memories of September 2022. The sentiment signal at that time marked the beginning of a major upward movement. Is the current situation comparable and is there a similarly resilient sentiment buy signal today? It is worth paying attention to similarities and differences. A worrying development is emerging for the Chinese stock market.

Further results

• Equities: No reassessment
• Equities: Problematic situation in China
• sentix styles - Investor preferences & behavior

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