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May 05 2023

Irrational Optimism?

  • May 5, 2023

During bear markets, speculative psychology can remain depressed long enough to have a self-fulfilling impact on the economy. In today’s experience, we expect investors’ economic fears will be “fulfilled” in coming months. In the short term, however, at least one measure of optimism has sprinted out ahead of the stock market itself.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager