Is A Gambling Public About To Lose A Ton Of Money Again?

Is A Gambling Public About To Lose A Ton Of Money Again? – King World News

In the aftermath of some volatile trading in global markets, is a gambling public about to lose a ton of money again?

From Jason Goepfert at SentimenTrader:  Confidence is nearing all-time highs. In both the Conference Board and University of Michigan surveys of consumer confidence, the readings for March were near the top 90% of all readings since the 1960s.

CONSUMER SURVEYS NEAR ALL-TIME HIGHS

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More troubling is consumers’ attitudes toward stocks. An overwhelming majority are looking for higher stock prices, which has led to mediocre returns in stocks (see chart below).

CONSUMERS’ EXPECTATIONS FOR A BULL MARKET ARE NEAR ALL-TIME HIGHS

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What’s also notable is that while consumers are exceptionally optimistic about stocks, they are feeling the opposite toward bonds…

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King World News

Interviews with market experts from around the world with a focus on precious metals.