25 August 2024
Posted in
sentix Weekly
Continued divergence of sentiment
The atypical price behaviour for this time of year continued last week. Prices continued to recover, giving the DAX an unusual series of upswings. On the US stock market, the S&P 500 is only just below its high for the year. However, investors' sentiment is not being sparked. On the one hand, this is leading to low values in the TD Index, which is positive. On the other hand, there is a negative divergence in sentiment.
Further results
- Bonds: Attractiveness of the long end increases
- Gold and oil: Strategic confidence weakens
- sentix investor positioning in equities and bonds