Be in the know. 10 key reads for Thursday…

  1. Don’t Be Afraid of Stocks Now. Next Year Is Another Story. (Barron’s)
  2. Apple’s growing opportunity in India (Barron’s)
  3. The Fed will cut rates by a quarter point this month, not a half point, WSJ says (CNBC)
  4. China, U.S. to hold trade talks in October; Beijing says phone call went well (Reuters)
  5. U.S. Fed to further simplify ‘stress capital buffer’ plan: Quarles (Reuters)
  6. After 32 Rate Cuts in 2019, Traders Say Many More Are Coming (Bloomberg)
  7. Fed Beige Book Shows Wide Tariff Anxiety, Varied Impact So Far (Bloomberg)
  8. Nicklaus: `Tiger’s Going to Win a Lot More Tournaments’ (Bloomberg)
  9. A Recession Isn’t Inevitable: The Case for Economic Optimism (New York Times)
  10. Curb Your Enthusiasm: What AI Can’t Do (Forbes)

AAII Sentiment Survey Results: Pessimism Strong, Opportunity Stronger…

This week the AAII Sentiment Survey results came in slightly improved from last week.  Bullish sentiment rose from 26.13% to 28.64% and Bearish Sentiment is beginning to thaw (dropping from 42.21% to 39.51%), but there is still a long runway of opportunity before euphoria starts to take hold – at which time we would become cautious. Continue reading “AAII Sentiment Survey Results: Pessimism Strong, Opportunity Stronger…”