SentimentEdge report

Jason Goepfert

5-12-2020 at 3:15 pm

When it comes to markets, "book learnin'" isn't necessarily a good thing

A survey from the New York Fed shows high optimism about stocks among consumers. But that optimism isn't so evenly distributed. Ironically, the time to worry is when those with high incomes, high education, and high numeracy become the most optimistic compared to those without those qualities, and so far they're holding back.

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