Excessive Optimism Among Several Red Flags for U.S. Financial Market
The latest American Association of Individual Investors survey showed the lowest amount of pessimism about the U.S. financial markets in the past 21 months, while optimism in the survey is the highest it’s been in the past 10 months. This is a red flag because historically it’s typically a sign that investors are becoming too complacent. Call me a contrarian if you like, but when “Joe (or Jane) Donut” is excited about the economy, watch out for falling equities. It...
View full press release