AAII Sentiment Survey, 7/12/23
Bullish remained the top sentiment (41.0%; high) & bearish remained the bottom sentiment (25.9%; below average); neutral remained the middle sentiment (33.1%; below average); Bull-Bear Spread was +15.1% (above average). Investor concerns: Inflation (moderating but high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (72+ weeks, 2/24/22- ); geopolitical. For the Survey week (Th-Wed), stocks were up, bonds up, oil up, gold up, dollar down. NATO promised more support for Ukraine, but membership only after the war; an upset Putin sent more missiles over Kyiv. #AAII #Sentiment #Markets
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