A barometer of investor sentiment has revealed some unusually high levels of optimism and unusually low levels of pessimism for the U.S. stock market in the next six months.
The weekly AAII Sentiment Survey released Thursday reveals that bullishness was up 1.6 percentage points to a reading of 52.9%, its highest in two and a half years, while bearishness was up by the same margin at 20.9%.
Along with those investors who are neutral on the six-month outlook for equities (26.2%) these percentages are some way from historic averages (bullish 37.5%, neutral 31.5%, bearish 31%), continuing trends of seven consecutive weeks for bullishness and bearishness, and three weeks for neutral sentiment.
The bull-bear spread (bullish minus bearish sentiment) remained unchanged at 32.0%. The bull-bear spread is above its historical average of 6.5% for the seventh consecutive week and the eighth time in 16 weeks.
The survey also asked investors if they believe the Fed made the correct decision in leaving interest rates unchanged this month, with the following responses:
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
