More ‘risk on’ to go

Monday, 4 December 2023

So says The Market Ear positioning.

This does not look like the top

Here are all the latest updated sentiment & positioning indicators. They very clearly do not signal a top. It is rare to see so many of these indicators showing the same thing. The only hope for bears is that this analysis is almost too perfect and sometimes sentiment analysis like this is the perfect trap…

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.