SentimentEdge report

Jason Goepfert

9-03-2020 at 10:01 am

Risk is wrong as dumb money is right

Over the past 2 months, our Risk Level has been high, and stocks have soared despite it. That has pushed the Brier Score to a near-record level. At the same time, highly confident "dumb" money has been exactly right. Historically, they don't get to be so right for much longer.

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