AAII Stock - Cash Allocation Back To An Extreme
According to the latest survey results from AAII, they piled back in during January’s large rebound. They upped the allocation to stocks to over 71% of their portfolio, at the expense of their cash cushion which plunged to just over 13%.
The spread between their stock and cash allocations is just under 60%, once again ranking near the top of their exposure over the past 30 years. While the sample is small and clustered, returns were consistently negative.