AAII Sentiment Survey, 8/30/23
BEARISH remained the top sentiment (34%; above average) & neutral remained the bottom sentiment (32.4%; above average); bullish remained the middle sentiment (33.1%; below average); Bull-Bear Spread was -1.4% (below average). Investor concerns: Inflation (still high); economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (79+ weeks, 2/24/22-now); geopolitical. For the Survey week (Th-Wed), stocks were up, bonds up, oil up, gold up, dollar down. The SEC had recent setbacks in crypto lawsuits (vs Ripple, Grayscale); its "regulation by enforcement" approach was dented by courts. A class-action suit against Uniswap was also rejected. #AAII #Sentiment #Markets
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