​Exuberance – Investors Have Rarely Been So Optimistic – Tyler Durden

Exuberance – Investors Have Rarely Been So Optimistic Authored by Lance Roberts via RealInvestmentAdvice.com, Investor exuberance has rarely been so optimistic. In a recent post, we discussed investor expectations of returns over the next year, according to the Conference Board’s Sentiment Index. To wit: “Consumer confidence in higher stock prices in the next year remains at the highest since 2018, following the 2017 “Trump” tax cuts.“ (Note: this survey was completed before the Presidential Election.) We also discussed households’ allocations to equities, which, according to Federal Reserve data, have reached the highest levels on record. In that article, we discussed the risk associated with high…  — Continue at ZeroHedge News : Read More