Viewpoints
Opinion

Global Economic Surprise Index Plummets

Global Economic Surprise Index Plummets
A logo is pictured on the headquarters of the World Trade Organization (WTO) in Geneva, Switzerland, on June 2, 2020. Denis Balibouse/Reuters
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Commentary

Investor sentiment is clearly bullish. The CNN Fear and Greed Index for June 18, 2023, stood at 82, which signals “extreme greed.” This is a drastic, optimistic move after closing at “greed” (56 over 100) a month before and “extreme fear” (17 over 100) only a year ago.

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