AAII Sentiment Survey, 5/22/24
BULLISH remained the top sentiment (47.0%, high) & bearish remained the bottom sentiment (26.3%, below average); neutral remained the middle sentiment (26.6%, below average); Bull-Bear Spread was +20.7% (above average). Investor concerns: Elections, budget, inflation, economy, the Fed, dollar, Russia-Ukraine (117+ weeks), Israel-Hamas (32+ weeks), geopolitical. For the Survey week (Th-Wed), stocks mixed (growth up, cyclicals down), bonds down, oil down, gold flat, dollar up. FOMC Minutes indicated higher rates for longer. Pending crypto FIT21 will make the CFTC the lead agency, not the SEC; Gensler is in near-panic. #AAII #Sentiment #Markets
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