The AAII bull-bear spread shows that investors are most gloomy about stocks since the financial crisis selloff.
— Lev Borodovsky (@thedailyshot) April 28, 2022
Today's issue of The Daily Shot Brief: https://t.co/HgXUKOz9Zc pic.twitter.com/XYUX67sWaA
Bears outnumbered Bulls by 43% in the latest AAII sentiment survey.
— Charlie Bilello (@charliebilello) April 28, 2022
With data going back to 1987, the only other times we've seen sentiment this bearish…
1) Sep-Nov 1990 (-20% bear market that bottomed in Oct 1990 w/ recession in 1990-1991)
2) March 2009 (week of the lows) pic.twitter.com/V12XtFZRUK
Deltas have neve been more negative. Smallest trigger could spark Hwangian squeeze (charts Nomura) pic.twitter.com/K8AiEnvr3a
— zerohedge (@zerohedge) April 28, 2022
The US trade deficit in goods hit a new record as imports sharply outpace exports. This result didn't bode well for the GDP report today.
— Lev Borodovsky (@thedailyshot) April 28, 2022
Today's issue of The Daily Shot Brief: https://t.co/HgXUKOz9Zc pic.twitter.com/S5cQQ0Hd7s
'During the start of the pandemic recovery, inflation was procyclical as economic activity accelerated. This year, however, activity is slowing while producer prices accelerate.' https://t.co/Gkek3KNnbK via @SoberLook pic.twitter.com/5P2l4vcRet
— Jesse Felder (@jessefelder) April 28, 2022