08 May 2022
Posted in
sentix Weekly
Sentiment for Euroland equities falls to all-time low
At -49 percentage points, sentiment for Euroland equities marks a level never before measured in history! This makes the contrarian investor prick up his ears. Usually, such extremes in sentiment occur near market lows. However, very strong declines in sentiment can also trigger one last big avalanche, accompanied by short-covering actions. This was the case in August 2008, for example. With the bankruptcy of Lehman Brothers, the high level of pessimism was discharged into sharply falling share prices.
Further results
- Bonds: Low neutrality
- USD/JPY: Opportunities for the yen indicated
- sentix economic index: Monday 09th May 2022 at 10:30 CEST
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