Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (9) |
Author: Baltassar ⎊  😊 😞
Number: of 15062 
Subject: OT: Contrary Indicator?
Date: 11/29/2024 1:18 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 12
Came across a story on Axios which declares that 56.4% of Americans think stock prices will increase in the years ahead:

https://www.axios.com/2024/10/31/stock-market-futu...

This from a survey of "adults," which must include a lot of people who don't actually know anything about the stock market, but have an opinion by virtue of its cultural prominence.

The thing caught my eye because it appears to be very rare for more than half of adults to think the stock market will go up; perhaps because the market's cultural prominence varies inversely with performance?

On that basis the 56.4% kind of screams "blow off top," does it not?

Baltassar (100% long)
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (9) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds