Is Investor Bearishness Overstated? Or Overrated?

Posted on: 13, Jun, 2011

No money was injured while filming Investors and economists vary on how much credence they are willing to give to any single survey. When the excessive bearishness from last week’s AAII survey was released, it coincided at a time when the Dow Jones Industrial Average was challenging 12,000. We could not help but wonder if the absolutes of bullish, bearish, or neutral sentiments were part of the problem because many investors are not really trained to think that way. The AAII survey...

Tags: activist investor , charts , index , polls , survey

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