Sentiment van investeerders vs de business cyclus

There is still hope: the year isn’t finished yet…

http://uk.businessinsider.com/annual-returns-and-intra-year-declines-us-not-so-bad-now-2015-10

 

“Deutsche Bank Asks if the Corporate Default Cycle Has Started”

http://www.bloomberg.com/news/articles/2015-10-05/deutsche-bank-asks-if-the-corporate-default-cycle-has-started

 

And talking about defaults, how cool is this chart?

http://www.ecb.europa.eu/press/key/date/2015/html/sp151001_praet_asset_management_conference_slides.en.pdf

 

And talking about cool (spot the sequence!): liquidity in the 1880s!

http://www.bankofengland.co.uk/research/Documents/workingpapers/2015/swp555.pdf

 

Interesting variation on the normal theme

http://www.ritholtz.com/blog/2015/10/investor-sentiment-and-the-business-cycle/

 

Robo advisors are marketing the wrong group…

http://uk.businessinsider.com/roboadvisors-fintech-need-to-fix-millenial-problem-2015-10

 

Record highs

http://libertystreeteconomics.newyorkfed.org/2015/10/has-us-corporate-bond-market-liquidity-deteriorated.html#.VhPpOROqqkp

 

I can tell you it is not that easy to make a chart like this: is a 10% correction equal to two 5% corrections?

http://uk.businessinsider.com/stock-market-5-pullbacks-2015-10

 

Well, at least the real wages are going up. Whether it is a sign of tight labor markets, I wonder…

http://www.businessinsider.com/real-wages-are-rising-2015-10

 

Cool (in both ways) inflation heat map

http://ftalphaville.ft.com/2015/10/06/2141625/for-the-world-is-cold-and-less-full-of-inflation/

 

Lukas Daalder is in het verleden wel eens als ‘Nederlands best bewaarde geheim’ op het gebied van economie genoemd. Hij publiceert dagelijks een collectie met grafieken, nieuws en informatie over internationale economie en financiële markten. Het aardige is dat je zijn updates in minder dan een minuut gelezen kan hebben, maar dat er tegelijkertijd voldoende stof tot nadenken tussen staat. Lukas is het hoofd van de afdeling Global Allocations en is tevens portfolio manager bij Robeco. Alle meningen in zijn updates zijn op persoonlijke titel.

Disclaimer: All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

Alle edities? Hier.