Greetings,
The United States: The indicator of current financial conditions (vs. a year ago) bounced from the lows this year.
Equities: Deutsche Bank’s positioning indicator has been nearing its midpoint level.
The recent equity market rally has eliminated the excess risk premium over bonds.
Credit: Inflows into investment-grade bonds have been slowing.
Equities: The TD Ameritrade retail positioning index remained depressed in January.
China:The broad money supply expansion accelerated.
Food for Thought: Executives swearing on earnings calls:
Edited by Josh Oldmixon
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