Sunday, 28 January 2018

Stories we should be thinking about

Stories we should be thinking about

Where shall we start this week?  How about this amazing statistic via
@bespokeinvest:

18 trading days into the year, the S&P 500 has already surpassed the average
strategist target of 2,854 for year end. Only 5 of 15 strategists had a higher
target than today's close. How goes January goes the rest of the year?!
(i'm talking about the accuracy of strategist targets naturally - they'll raise them
soon and get whipped around!) What is this saying to me?  Well, we are seeing
some super excitable retail inflows...



(h/t @callum_thomas)


...in response to the currently highly excitable stock markets:

And the dearth of volatility has helped too:

So the question then is...can it continue?  Well the good news is that the
weak dollar is a perfectly plausible underpinning...

To read the rest of Stories we should be thinking about click HERE
for free access.

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