Investors Most Optimistic On Stocks In 3 1/2 Years
From Streettalk Off The Street
January 23, 2013 - 12:17pm
January 23, 2013
By: Rich Millier & Simon Kennedy
Streettalklive Note: Take heed of this article in the context of a contrarian investor. "Investor's are most optimistic at market peaks and most pessimistic at market lows."
International investors are the most bullish on stocks in at least 3 1/2 years, with close to two- thirds planning to raise their holdings of equities during the next six months, according to a Bloomberg survey.
As the global financial and business elite gather in Davos for their annual forum, 53 percent of respondents to the Bloomberg Global Poll also say equities will offer the highest return in the next year. That’s a 17 percentage point jump from the last poll in November and the most since the quarterly survey of investors, analysts and traders who subscribe to Bloomberg began in July 2009.
Behind the enthusiasm for shares: growing confidence ...Continue reading this article »