TME Weekend: There’s room to add more to exposure

De-grossing done

The re-grossing we saw in the first 3 weeks of January took a breather in the past 2 weeks, which suggests there’s room to add more to exposures.

Source: JPM PI

Retail re-engagement

Source: JPM QDS

Sentiment struggles to reach 1 sigma stretched

Source: Goldman

Non-extreme

Source: Flow Show

Healthy

Source: Macrobond

The V

Source: UBS

2024 EPS tracking better

Source: UBS

Cycle duration

Source: Morgan Stanley

And this time central banks will allow it to run

Source: Macrobond