Weekly Flows into U.S. Funds Buying Inflation-Protected Securities Investors demand for inflation-protected securities is on the rise as economic optimism surges. Image: Financial Times
Gold Price – Worst Month in Four Years Gold continues to fall out of favour on vaccine optimism. Image: Financial Times
Flow – U.S. Small Cap Stocks U.S. small cap stocks are soaring, as positive news on a COVID-19 vaccine has fueled optimism about an economic recovery next year. Image: BofA Global Investment Strategy
Weekly Gold Fund Flows This week saw the largest outflow from gold ever, as vaccine optimism soars. Image: BofA Global Investment Strategy
Weekly Changes in Gold ETF Holdings ETF selling is hurting the price of gold, as vaccine optimism soars. Image: The Daily Shot
Are Fears About an Imminent Recession Overblown? Historically, a recession is coming when the Leading Index for the United States is below 1. Today, it stands at 1.37. “The leading index for each state predicts the six-month growth rate of the state’s coincident index. In addition to the coincident index, the models include other variables…
AAII Bullish Sentiment 2009-2020 Optimism among individual investors is now the highest since October 2018. Image: Bespoke Investment Group
Yield Curve vs. Global Equities Global yield curves suggest optimism for risk assets in 2020. Image: Topdown Charts
10Y-2Y Yield Curve and U.S. Recession The U.S. yield curve is steepening and suggests optimism for 2020, as investors become more confident in the U.S. economy. Image: Financial Times
Market Performance: Q4 2018 vs. Q4 2019 Trade optimism and accommodative central bank monetary policy have contributed to market performance in Q4 2019. Image: Fidelity Investments