Survey: Investor Sentiment Towards US Stocks Nears Record Pessimism

BlockBeats News, March 28th, a survey by the American Association of Individual Investors showed that bearish sentiment towards US stocks has exceeded 50% for the fifth consecutive week. According to Bespoke Investment Group, this marks the second-longest continuous bearish record since the survey began in 1987.

Earlier this week, Goldman Sachs data showed that hedge funds' net selling of US stocks reached the highest level in seven weeks, with short selling exceeding long buying. (FX678)