Credit Suisse and Leo Wealth correctly call the ‘rally that nobody saw coming’!

Source: Bloomberg News

The rally that ‘nobody saw coming’!

Source: Trading View

Investors bought into the Equity rally

Source: Canopy Analytics

Focus is on Tech, Consumer Non-Cyclicals

Source: Canopy Analytics

tl;dr

  • The equity rally for the last few weeks seems to have caught most analysts by surprise, with a few notable exceptions
  • Fixed Income seeing continued selling (with the sale proceeds being moved to T-Bills and Money Market funds)
  • Equity buying has favoured Tech, Financial and Consumer Non-Cyclical stocks

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Canopy is an investment reporting and analytics company. Tanmai Sharma, Founder & CEO, analyses investment trends seen in Canopy’s meta-data

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Tanmai Sharma

Tanmai is the CEO and Founder of Canopy, which is an investment reporting and analytics company. Here he analyses investment trends seen in Canopy's meta-data