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 | up 3.3 | ||
| Neutral | up 2.7 | ||
| Bearish | down 6 | ||
| Note: Numbers may not add up to 100% because of rounding. | |||
...if everyone is bullish...
Still ADP payroll trends are pretty good...
UK confidence regional/political levels kind of interesting...hardly rampant:
Will QE happen in the eurozone?
Oil chart over the last 8 years or so puts the current price into context...
(h/t @NickatFP)
...and 'everyone' hopes for 'the usual' post midterm stock market performance
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...)
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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