AAII Sentiment Survey, 12/6/23
BULLISH remained the top sentiment (47.3%; high) & neutral became the bottom sentiment (25.3%, below average); bearish became the middle sentiment (27.4%, below average); Bull-Bear Spread was +19.9% (above average). Investor concerns: Budget; inflation; economy; the Fed; dollar; crypto regulations; market volatility (VIX, VXN, MOVE); Russia-Ukraine (93+ weeks); Israel-Hamas (8+ weeks); geopolitical. For the Survey week (Th-Wed), stocks were mixed (cyclicals up, growth down), bonds up, oil down sharply, gold down, dollar up. The FED & fed fund traders have diverging rate outlooks. Crypto rally continued. #AAII #Sentiment #Markets
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