Investor Sentiment Improves After Fed Hold, Bullish Views Rise to 37%
JH Kim
Summary
- The American Association of Individual Investors, or AAII, said investor sentiment improved after the Fed's interest-rate hold.
- The share of bullish views rose to 37.0%, up 6.0 percentage points from a week earlier and close to its long-term average.
- The bull-bear spread improved sharply to minus 0.9% from minus 11.1%, and more than half of respondents said the decision to keep rates unchanged was appropriate.
Forecast Trend Report by Period
Investor sentiment improved after the Federal Reserve held interest rates steady, Walter Bloomberg reported on August 6, citing a survey by the American Association of Individual Investors, or AAII.
The share of bullish respondents rose 6.0 percentage points from a week earlier to 37.0%, approaching the long-term average of 37.5%. Bearish sentiment fell 4.1 percentage points to 38.0%, though it remained above its long-term average. Neutral views stood at 25.0%.
The bull-bear spread improved sharply to minus 0.9% from minus 11.1%.
More than half of respondents said the Fed's decision to keep rates unchanged was appropriate.
JH Kim
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