The chart of the week shows the percentage of Americans who believe stock prices will be higher in the year ahead. With a strong post election rally, inflation concerns largely behind us, and optimistic outlooks on consumption and forward earnings, Americans have never been more bullish on the stock market’s near term prospects. While some may see this level as a contrarian indicator, there are plenty of reasons for investors upbeat mood as the Fed’s soft landing has been achieved and the overall economy remains in solid shape.

Recent Post