Optimism among stock market investors has dropped to one of the lowest levels, according to a survey by the American Association of Individual Investors (AAII).
The AAII Sentiment Survey showed optimism declining, remaining “unusually low,” according to an Oct. 13 post by AAII. Bullish sentiment for the week is among the 60 lowest readings in the survey’s history. Pessimism rose slightly and “continues to be unusually high.” Bullish sentiment—expectations that stock prices will rise in the next six months—fell by 3.6 percentage points to 20.4 percent. It is below the 38 percent historical average for the 47th straight week.
