Daily Report : Despite gains, more consumers expect stocks to fall; Investors continue to shy away from debt

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-07-29 at 17:32:02 CDT

The latest survey from the Conference Board shows that despite a huge jump in stocks in recent months, fewer consumers expect stock prices to increase than decrease in the future. This is highly unusual after a rally, and with stocks so close to their highs.; Stocks have soared in recent months, and investors have borrowed more and more against those gains. But the rate of change in stocks is still greater than the change in margin debt, showing some apathetic sentiment. That is unlike the behavior seen at other bubble peaks.

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