A Fund Manager Survey today showed that investors are net underweight European equities for the first time since pretty much the European debt crisis of 2012.
With positioning at 3 year bearish extremes and cash positions the highest since November 2001, fear of a new European crisis and a post-brexit fallout appear to be heavily discounted in the price of European equities relative to their global (and particularly US) peers.
Long European equities / Short US equities if the DAX / SPX ratio trades at 4.5 or below. This idea is intended to demonstrate the extreme pessimism surrounding European equities, and does not suggest expressing the view via a DAX / SPX spread directly. Consider country and sector allocations within this.
With positioning at 3 year bearish extremes and cash positions the highest since November 2001, fear of a new European crisis and a post-brexit fallout appear to be heavily discounted in the price of European equities relative to their global (and particularly US) peers.
Long European equities / Short US equities if the DAX / SPX ratio trades at 4.5 or below. This idea is intended to demonstrate the extreme pessimism surrounding European equities, and does not suggest expressing the view via a DAX / SPX spread directly. Consider country and sector allocations within this.
İşlem aktif
DAX has today entered a technical "bull market" (+20% press definition) whilst the S&P 500 has pushed on to all-time-highs. The DAX/SPX ratio is rising, indicating outperformance of European vs US equities.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.