⚠️CHART OF THE WEEK: The party is like in the late 1990s

The Goldman Sachs Bull/Bear Market Indicator hit near a record high

Author

Global Markets Investor
February 15, 2025

The Goldman Sachs Bull/Bear Market Indicator measuring market and economic sentiment hit 73%, one of the largest readings in history. As you can see, this is in line with the previous peaks that occurred before bear markets in 1999, 2007, and 2020.

The index uses US stock market valuations, government bonds yield curve, unemployment, inflation, and other economic metrics.

It simply means that the sentiment has rarely been this euphoric before.

More about the sentiment and valuations in the following articles:

⚠️The US stock market is priced in for perfection and almost every investor believes in it

The next important test for the markets is coming during the last week of January

globalmarketsinvestor.beehiiv.com/p/the-us-stock-market-is-priced-in

⚠️Global liquidity appears to be falling

Will this cause lower stock market returns ahead?

globalmarketsinvestor.beehiiv.com/p/global-liquidity-appears-to-be-falling

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