AAII Sentiment Survey, 5/10/23
For the week ending on 5/10/23, bearish remained the top sentiment (41.2%; high) & bullish remained the bottom sentiment (29.4% (tie); below average); neutral remained the middle sentiment (29.4% (tie); below average); Bull-Bear Spread was -11.8% (low). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (63+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were up, bonds down, oil up sharply, gold flat, dollar up a bit. The debt-ceiling issue must be resolved by 6/1/23. The regional banking crisis continues as the underlying problems remain (underwater portfolios & fast runs). #AAII #Sentiment #Markets
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