Ok, well it’s official: investors simply cannot get any more bullish.
According to the latest readings on Yale’s one-year investor confidence indices (so, percentage of respondents who think stocks will be higher a year from now), both the “smart” money and the “dumb” money are now 100% confident that nothing can go wrong (basically – the individual survey is at 98.92):
Specifically, the indices measure this: “the percent of the population expecting an increase in the Dow in the coming year.”
So you know… “what could go wrong?”
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Seems to me, risks have never been higher. This bubble is much bigger than the the one that ended in 2008.
Almost all financial assets are way overpriced.
Then again, I would have said the same thing 2 years ago.
Well I finally made into the 1.08%.
LOL good one. You and me both.
Yay! over bullishness LOL this isnt going to end well…