AAII Sentiment Survey, 5/31/23
For the week ending on 5/31/23, bearish remained the top sentiment (36.8%; above average) & bullish remained the bottom sentiment (29.1%; below average); neutral remained the middle sentiment (34.1%; above average); Bull-Bear Spread was -7.7% (below average). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (66+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were up, bonds up, oil down sharply, gold up, dollar up. The debt-ceiling cleared the (critical) House; the Senate & WH approvals should follow soon. #AAII #Sentiment #Markets
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