Friday, 29 August 2014

Charts today - extended sentiment, China and geopolitics, European budget deficits and internet devices

Charts today has to start with some historical context on that amazing AAII disclosure yesterday (Thursday) which showed the current bulls proportion above 50%...and the bears below 20%.


BespokeInvest did their usual excellent job, as shown above, of showing how relatively unusual this combination is.  Sentiment is extended.  Full stop.  

I was pleased to see that China is stopping the 'open wallet' policy in Africa.  Showing greater maturity in its geopolitical interactions...


...meanwhile European budget deficits outside Germany remain substantial and judging by the rhetoric and realities of the last week are set to stay higher for longer...


Finally, via the Daily Shot newsletter a nice map showing the location of every internet enabled device that has been sold...  Big markets still to go for in various parts of the world...


No comments:

Post a Comment