I continue listening and considering all bearish arguments for stocks, but for now, I can’t ignore the Big Beautiful Elephant in the room!
Agree, cant get too bearish given the negative sentiments. But the indicator did not drop all the way to the levels of 2000 crash in 2008-09, still the markets crshed substantially during that time period.
I think the Umich survey is politically tainted. Over sample of TDS dems. But I've loved this signal since you taught it to me after the GFC.
Agree, cant get too bearish given the negative sentiments. But the indicator did not drop all the way to the levels of 2000 crash in 2008-09, still the markets crshed substantially during that time period.
I think the Umich survey is politically tainted. Over sample of TDS dems. But I've loved this signal since you taught it to me after the GFC.