Investors are still bearish -- but getting a little less pessimistic, survey finds
The American Association of Individual Investors sentiment survey for the week ending Sept. 5 found 39.5% bearish against 28.6% bullish, compared with 42.2% bearish and 26.1% bearish for the prior week. Some analysts regard the high level of bearishness on Wall Street as a contraindicator— meaning that high degrees of optimism or pessimism tend to result in returns for stock benchmarks going in the opposite direction of sentiment.
The bearishness comes at a time when bond flows are at a six-year high, implying that investors are running toward the perceived safety of assets like the 10-year Treasury note and gold futures. He suggested that if the next economic recession is milder than expected, and if the millennials drive a recovery on household formation in the way that the baby boomers did, there may be upside to come.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
US hiring slows. Economy added 130,000 jobs in AugustThe US economy added 130,000 jobs in August. The unemployment rate remained steady at 3.7%. The economy has gained jobs for 107 consecutive months, but the pace of hiring has slowed recently.
Leer más »
Normani’s Towering Topknot Is Out to Elevate the Updo GameNormani stepped out last night in New York with her mane twisted into a sky-high topknot.
Leer más »
Marijuana Use Among College Students Rising FastA new survey found that about 43% of full-time college students said they used some form of marijuana at least once in the past year, up from 38% in 2017, and previous month use rose to 25% from 21%, the AP reported.
Leer más »
Wall St. week ahead: Another recent inversion could provide support for stocksA decline in interest rates on long-term U.S. government bonds below the average...
Leer más »
Wall Street ekes out gains after mixed U.S. jobs dataWall Street's major indexes edged higher on Friday as investors digested mi...
Leer más »
Exclusive: WeWork to press on with IPO launch despite valuation concerns - sourcesExclusive: WeWork will press on with its IPO launch, with an investor roadshow coming as early as next week, despite concerns over its valuation
Leer más »