The Investment Fiduciary

Archive for March 27th, 2008

Investor sentiment and stock market return

Posted by: investment-scientist on: March 27, 2008

Investor sentiment is at its lowest since 1990 and second lowest since the American Association of Individual Investors (AAII) sentiment indicator began in 1987. On 2/7/08, the 8-week moving average bull/bear spread reached the low of -25% and has since hovered below -20%. What does it mean for investors that the bull/bear spread stands at [...]


Author

Michael Zhuang is principal of MZ Capital , a fee-only financial planner and investment advisor. He is a fan of David Swensen, Jack Bogle and Warren Buffet and he shamelessly steals their ideas to help clients build wealth slowly. Michael lives in Bethesda, MD, a suburb of Washington, DC. Get his free monthly investment report by email here. (What you read here is his opinion, not advice to anybody. )

Twitter: @mzhuang