AAII Sentiment Survey: Optimism Slips Despite New Record Highs

The further ascent by the Dow Jones industrial average and the S&P 500 index into record territory did not translate into higher optimism among individual investors. The latest AAII Sentiment Survey shows bullish sentiment—as well as neutral sentiment—declining, and bearish sentiment rising. The changes were modest, however. Bullish sentiment, expectations that stock prices will rise…