Saturday, September 19, 2020

Charts of the Day: Comfortable Being in the Minority

In yesterday's macro update I mentioned that 

"...not everyone agrees with our presently cautious bent. I mean, some folks actually believe now's the time to take the leap and buy the recent dip with both fists."

Well, that's putting it mildly!

Global equities just saw their largest inflows in 130 weeks:


And, according to Goldman Sachs, sentiment is back at heights not seen since just before the bottom fell out February/March:

Let's just say we're comfortable being in the minority right here...


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