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Stunning set of sentiment figs just out from the AAII

Stunning set of sentiment figs just out from the AAII

0 mins. to read

The figures above just released from the AAII are amazing. Bearish sentiment, expectations that stock prices will fall over the next six months, surged by a stunning 26.3 percentage points to 54.5%. This was the third largest one-week increase in pessimism recorded since the survey started in 1987. The rise also put bearish sentiment at an…

S&P 500’s Record Highs belie the still Tough economic Reality

S&P 500’s Record Highs belie the still Tough economic Reality

5 mins. to read

So, the S&P 500 has finally joined the Dow in notching up consecutive daily closing and intra-day highs this week (how much longer Tom Houggard will question). It is only the Nasdaq that is still over 1000 points from its all time high at the turn of the millenium. The headline index figures do not…

Zak Mir in the Iron Lady & the gold miners – again!

Zak Mir in the Iron Lady & the gold miners – again!

3 mins. to read

Since being a kid in the early 70’s, politics has been nearly as much of an interest of mine as the financial markets are – you can tell what a bundle of laughs I was in the playground eh?! The aftermath of Baroness Thatcher’s death, although perhaps regarded as “imminent” for quite some time, could…