AAII Sentiment Survey: Pessimism Declines, But Still High

Though pessimism declined and optimism among individual investors rebounded in the latest AAII Sentiment Survey, they remain unusually high and low, respectively. Bullish sentiment, expectations that stock prices will rise over the next six months, rebounded by 4.0 percentage points to 24.9%. Optimism remains below its historical average of 38.5% for the 13th time in…

 

Tax Guide Update: 2019 Standard Mileage Deductions Issued

The IRS issued 2019 standard mileage deductions for business, charitable, medical or moving purposes, most up from 2018 rates. (The rate per mile driven in service of charitable organizations did not change.) The 2019 rates are: Business Standard Mileage Rate: 58 cents Medical Standard Mileage Rate: 20 cents Moving Standard Mileage Rate: 20 cents Charitable…

 

A Quarter of Investors Believe Economy Will Grow in 2019, But at Slower Pace

This week’s Sentiment Survey special question asked AAII members how they expect the U.S. economy will perform over the next six to 12 months. Responses varied. The largest group of members (25%) expect the economy to continue growing, but at a slower pace than this year. Nearly 13% expect growth to remain at a good…

 

AAII Sentiment Survey: Pessimism Surges to a 5½-Year High

Pessimism among individual investors jumped to its highest level in more than five and a half years in the latest AAII Sentiment Survey. Optimism plunged, and neutral sentiment declined. Bullish sentiment, expectations that stock prices will rise over the next six months, fell 17.0 percentage points to 20.9%. Optimism was last lower on May 25,…

 

Investors Split on Third-Quarter Earnings’ Influence on Stock Price Outlook

This week’s Sentiment Survey special question asked AAII members what influence third-quarter earnings had on their outlook for stock prices. Responses were mixed. The largest single group of respondents (22%) indicate that their outlooks have not changed following the latest earnings announcements. About 16% describe earnings as reinforcing their bullish outlook. Nearly the same proportion…

 

AAII Sentiment Survey: Pessimism Reverts Back to Average

Pessimism among individual investors about the short-term direction of the stock market pulled back to its historical average in the latest AAII Sentiment Survey. Optimism and neutral sentiment both rose. As discussed below, timing played a role. Bullish sentiment, expectations that stock prices will rise over the next six months, rose 4.1 percentage points to…

 

November AAII Asset Allocation Survey: Cash Exposure Rises to a 33-Month High

Individual investors’ exposure to cash rose to its highest level in nearly three years last month. The November AAII Asset Allocation Survey also shows an increase in fixed-income exposure and a drop in equity allocations. Stock and stock fund allocations fell 4.9 percentage points to 64.6%. Equity allocations were last lower in July 2016 (64.1%)….

 

AAII Sentiment Survey: Pessimism Pulls Back, But Still High

Pessimism among individual investors pulled back from a 33-month high but remains well above average. The latest AAII Sentiment Survey also shows a rebound in optimism and a decline in neutral sentiment. Bullish sentiment, expectations that stock prices will rise over the next six months, rose 8.6 percentage points to 33.9%. The increase was not…