The cost of anxiety & uncertainty?...the latest PMI survey points to manufacturing being in recession. But may reflect sentiment & not encapsulate latest Brexit prep etc - ie activity in reality may be more resilient
If the AAII survey = "sentiment", then sentiment over the past 3 weeks has been about as low as it ever gets. It has been this low during 81 other weeks over the past 30 years. The S&P rallied over the next 3 months after 77 of them.
Trader sentiment going into Q3 is neutral to bullish, according to our Active Trader Pulse Survey. What is your view?
I have not looked at this sentiment survey in years but inadvertently clicked on it just now. WOW. WOW.