26 July 2020
Posted in
sentix Weekly
Typical seasonal pattern or nevertheless 2009?
Over the past 3 months, a chronic pessimism has developed in equities - despite a rapid stock market recovery. And on the weekend, too, the old fears flare up, especially as the seasonal pattern begins to turn negative! The question is: Can the markets even fall sustainably with such pessimism? The market must decide soon: Do we rely on the typical seasonal timetable or rather on a trend similar to 2009 ("wall of worry").
Further topics:
- Equities: The next row of the "wall of worry" is built
- FX: Nine-year high in EUR/USD sentiment
- sentix investor positioning in equities and bonds
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