FlowBank

1205 days ago

Eurozone PMIs show economy edging back to expansion

Flash PMi reading for December just under the 50 level that demarks expansion vs. contraction.

#Macro
Eurozone PMIs show economy edging back to expansion

1205 days ago

Stocks might have overdone it a little

There are a few indications on why the equity market might have rallied a little too far. Firstly, the relative strength indexes of small and midcap companies have showed higher than usual levels, which historically meant a return under 1% for the coming 6 months. Secondly, the market cap seems to always be corrected by the GDP when this one does not follow the surge. Today, this ratio is at an all time high. The question is : will it fall and when?

#Macro
small mid market cap surge

1206 days ago

Put-call ratios on indices and equities STILL painting very different pictures

Indices showing rising hedging - individual equities showing bears capitulation

#Macro
Put-call ratios on indices and equities STILL painting very different pictures

1206 days ago

Time until full Eurozone recovery per @OxfordEconomics

The eurozone economy has been hit hard by the pandemic and, while we expect the 2021 rebound to be the strongest in its history, GDP will not return to pre-crisis levels until 2022. 

#Macro
Time until full Eurozone recovery per @OxfordEconomics

1206 days ago

$1T of Treasuries will be maturing in the next 15 days. Another $5.8T will hit the market next year...

The Fed is better stepping up as their current $80B/month pace won’t do it. More money printing ahead of us? Source: Crescat Capital 

#Macro
U.S Treasuries Maturity Schedule
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