Risk-On Sentiment For U.S. Stocks Accelerates
- The appetite for US equity risk has wobbled in recent months, but on the first trading day after Trump’s election victory the bullish signaling revived on several fronts.
- A sentiment proxy for global asset allocation jumped to a record high yesterday.
- The ratio for safe-haven utilities vs. the broad stock market fell sharply on Wednesday.
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The appetite for US equity risk has wobbled in recent months, but on the first trading day after Trump’s election victory the bullish signaling revived on several fronts, based on numerous sets of ETF pairs through Wednesday’s close (Nov. 6). The main exception: bonds, which
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