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Thursday, 6 November 2014

Charts today - high sentiment, jobs growth, FX shifts, water use and looking ahead to the ECB

A big day today for corporate reporting and macroeconomic alike (ECB etc.).  So a few charts and related for starters...

Should we be worried about US dollar strength?  


(h/t @MktOutperform)

And then there is investor sentiment...AAII bull-bear spread hit a whopping +37% this morning...

Week ending 11/5/2014   Data represents what direction members feel the stock market will be in the next 6    months.
Bullish 52.7%
up 3.3
Neutral 32.3%
up 2.7
Bearish 15.1%
down 6
Note: Numbers may not add up to 100% because of rounding.

...if everyone is bullish...

Still ADP payroll trends are pretty good...

(h/t @NickatFP)

...and 'everyone' hopes for 'the usual' post midterm stock market performance


 UK confidence regional/political levels kind of interesting...hardly rampant:


Nice cartoon from today's Financial Times ahead of the ECB meeting today...

 Will QE happen in the eurozone?


For once I would agree with consensus on timing (slightly worryingly...)

 Oil chart over the last 8 years or so puts the current price into context...


Water use in the US - am surprised by this


Finally...trade weighted yuan a fascinating chart.  Does anyone want a higher FX?  If the Chinese decide transitorily they do not want one then currency wars get another step closer...


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