Broker Check

Your Weekly Journal, November 27, 2023

IN NOVEMBER, INVESTORS WERE MORE OPTIMISTIC THAN CONSUMERS

IN NOVEMBER, INVESTORS WERE MORE OPTIMISTIC THAN CONSUMERS

At the start of November, investors were decidedly bearish. During the week of November 1, the AAII Investor Sentiment Survey found that about 50 percent of respondents were pessimistic about the prospects for stocks over the next six months, and about 24 percent were bullish. The current historic averages are 31 percent bearish and 37.5 percent bullish. (The remainder are neutral.)