DC Lite #63

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1. CEO confidence (I). CEO confidence improved from 46 to 53 in Q1 for the first optimistic reading (above 50) since Q1 2022.

2. Credit vs. debit. "There is no obvious rise in the share of spending being financed on credit cards vs debit cards."

See: TKer by Sam Ro

3. Retail investor sentiment. Bullish sentiment remained mostly unchanged but bearish responses ticked down over the last week to 22.6% from 24.5%.

4. SPX seasonality. "The S&P 500 is tracking outlier years to the perfection for now. It is also way above what we usually see during an election year."

See: The Mad King

5. ATHs. And finally, “despite two bear markets this decade, the S&P 500 has hit new all-time highs on 11% of all trading days in the 2020s.”

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