Investor sentiment in February bounces off record lows

Overall sentiment jumped 3.6 percentage points (ppt) last month, however remained in negative territory at -4.8%. This is the first rise in sentiment since last November. In January, UK and US equities dropped to their lowest sentiment reading since Lloyds launched the index in 2013. However, the two asset classes managed to overcome their January blues, with US shares jumping 11ppt to -9%, the biggest increase across all assets, and UK shares rebounding 7.6ppt to -21.6%. Year-on-year sentiment towards UK equities has fallen 36.4ppt. Eurozone equities saw the biggest drop in sentim...