AAII Sentiment Survey, 8/23/23
BEARISH became the top sentiment (35.9%; above average) & neutral became the bottom sentiment (31.8%; near average); bullish became the middle sentiment (32.3%; below average); Bull-Bear Spread was -3.6% (below average). Investor concerns: Inflation (still high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (78+ weeks, 2/24/22-now); geopolitical. For the Survey week (Th-Wed), stocks were mixed (growth up, cyclicals down), bonds up, oil down, gold up, dollar flat. #BRICS announced expansion. Indian #MoonLanding cost $75 million. Fed #JacksonHole conf starting. #AAII #Sentiment #Markets
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