sentix ASR Essentials 10-2018
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11 March 2018
Posted in
sentix Weekly
Autos sentiment goes into reverse
The latest sentix survey indicates that investors have become modestly optimistic on the near-term prospects for equities, though at the same time they remain deeply downbeat on the medium-term outlook, as gauged by their strategic bias on indices such as the EuroSTOXX. Monthly survey questions on investors’ views on European sectors also point to underlying caution, with pessimism on defensive sectors such as Telecoms, Utilities and Food & Beverages receding in recent months. In contrast, sentiment has weakened on several cyclical sectors, with Autos now the least liked European sector in a relative context after a big sentiment reversal in the past month. See page 2 for charts.
