Global Safe-Haven Index Relative To Global Equities
Global Safe-Haven Index Relative To Global Equities - Lifting At The Lows | Our custom safe-haven basket has shown signs of reversal as it trades near 7-month lows with a technical divergence guiding the view that it's time for safe-havens to shine once again. I believe this chart is key as you may recall sentiment late on Thursday afternoon, via the CNN fear and green index sitting at a reading of 96 which showed extreme news. The combination of hightended sentiment and a grey swan even (Middle East) combined with elevated equity markets may is bound to see safe-havens being bid. For those that are not aware, our basket is made up as follows.