Friday, 1 May 2015

Financial Orbit wrap 30/04/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

Travel edition all of this week...

1. Volatility in currencies and energy helps out the CME in their recent numbers...but check out the lack of equities volatility.  Still a major anomaly in markets in my view...

2. ...as is the ultra neutral positioning of investors as per the latest AAII survey.  As Bespoke note:

'This week’s reading was also the fourth straight week where neutral sentiment was above 45%, which is the longest streak since early 1989'


3. As for the US economy a 15 year low in payrolls claims is interesting but this data on US wages strikes me as more influential (in summary better...but not good enough):


4. Elsewhere  shares dump...lengthy list of excuses for their poor performance
(I would agree that value is starting to become apparent here). 

5. Meanwhile Mosaic highlight the late Spring...




...but after hours my largest position in the agri space Syngenta is approached (allegedly) by its great peer Monsanto again to link up.  As a theme investor you must like agri (am holding onto my Syngenta shares and awaiting developments).

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