AAII Sentiment Survey, 6/28/23
Bullish remained the top sentiment (41.9%; above average) & bearish remained the bottom sentiment (27.5%; below average); neutral remained the middle sentiment (30.6%; below average); Bull-Bear Spread was +14.4% (above average). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (70+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were mixed, bonds up, oil down, gold down, dollar up. All 23 big banks passed the Fed Stress Tests. #AAII #Sentiment #Markets
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