AAII Sentiment Survey, 3/20/24
BULLISH remained the top sentiment (43.2%; above average) & bearish remained the bottom sentiment (27.2%, below average); neutral remained the middle sentiment (29.6%, below average); Bull-Bear Spread was +16.0% (above average). Investor concerns: Elections, budget, inflation, economy, the Fed, dollar, Russia-Ukraine (108+ weeks), Israel-Hamas (23+ weeks), geopolitical. For the Survey week (Th-Wed), stocks were up, bonds down, oil down, gold down, dollar up. Fed may keep rates higher for longer. Global rate policies were mixed. #AAII #Sentiment #Markets
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Comments
From Nov-2023 to March-2024, the typical equities index chart is pretty much a straight line from "bottom left to upper right". Not exactly parabolic, but impressive.
We used to say the market was "climbing the wall of worry" as it rose, but now the general attitude seems more like "Well, finally - it's about time we reached new highs. Gimme more."
I'm a new member of AAII so have not explored it much.
Full disclosure - I work for a manager who offers a mutual fund. However, we aren't really a sales organization (as in, we don't even have a marketing department and just severed ties with our outside brand & marketing consultants).
Mostly I'm wondering if people read the AAII Journal and other content as that may be a good outlet to get our investment team's thoughts out without it being a sales piece.
Some AAII Chapters may be more active than others. They are often looking for speakers.
I don't think AAII caters to daytraders.
List of MN-based funds is small.