Extreme Pessimism Sets Stage for U.S. Stock Rally: Chart of Day
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Pessimism toward U.S. stocks is almost as prevalent as it was at last year’s lows, according to two gauges of investor sentiment that suggest the market may be due for a rebound.
The CHART OF THE DAY displays the results of weekly surveys by the National Association of Active Investment Managers and the American Association of Individual Investors since the beginning of 2009. Each appears in a separate panel.