This page has been archived and commenting is disabled.
CS Global Risk Appetite Signals Risk-Off As Sentiment Stays In 'Panic' Mode
Credit Suisse has been producing country-specific and global risk appetite indices for years, offering a quick-and-dirty perspective on the market participant sentiment in global risk assets. By empirically tracking the relationships between 'safe' and 'risky' asset classes, they have created a useful contemporaneous view of current market perceptions. The index swings between euphoria and panic modes and shifted to full-scale panic around mid-year. Since then the index has gradually improved as the psychological bias of 'it can't get any worse, right?' seems to have kicked in until recently where CS notes a recent downturn. So while we have 'improved' back to only Panic Mode, the expectations are for a prolonged risk-off session in the short- to medium-term.
Short-term, CS sees risk-off as the Global Risk Appetite Index turns back down shy of Panic Mode...
and longer-term shows just how 'deep' a panic this most recent case was - and obviously given CS's perspective, how it will dip back down again.
The primer on Credit Suisse Global Risk Appetite indices is below:
»
- 10693 reads
- Printer-friendly version
- Send to friend
- advertisements -
Just give it up bitches.
Accept your fate.
The worldwide financial system is toast!
I hope that CS has long-since fired whichever summer-intern cum junior analyst made Charts 3 & 4 in the attached doc. I can't imagine a more inept use of a chart. Clearly, not a single capable person reviewed this trainee's work before publication, as the charts are entirely illegible -- and are an inappropriate choice of chart for this dataset.
Credit Suisse is trapped in the REHYPOTHECATED FUNDS
*
TIC TAC...
Yes, but when does it end? As long as banks have discount windows the dance continues.
Very simple sir..
With A credit Event
-The sell off is unavoidable-
All those quant panic models....based on print keynesian models...
wonder when they gonna modelize a Japanization depression wave, eternal deflation....or just depression. ¡
I think it's going to be an outright economic collapse followed by a lost generation style deflationary depression.
What's the deal with the doc? it's dated 2004.
Edit: NM... it's just giving some background how the chart is used.
But I thought it was "fixed"? (Again)
You know I was alive in the fifties and my uncle had an underground shelter. These days people don't seemed to be concerned. I think that is a dangerous mindset.
http://www.debka.com/article/21589/