AAII Sentiment Survey, 9/20/23
BEARISH became the top sentiment (34.6%; above average) & bullish became the bottom sentiment (31.3%; below average); neutral became the middle sentiment (34.1%; above average); Bull-Bear Spread was -3.3% (below average). Investor concerns: Inflation (still high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (82+ weeks, 2/24/22-now); geopolitical. For the Survey week (Th-Wed), stocks were down, bonds down, oil up, gold up, dollar flat. Fed held rates. Yield-curve may be pivoting about ST rates. No budget deal yet in DC. #AAII #Sentiment #Markets
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