Posted 1/16/2024, 6:58:00 PM
Individual Investors Most Bullish Since Pre-2008 Crisis Despite Experts' Economic Slowdown Warnings
- Individual investors are the most optimistic about the stock market since March 2007, just before the 2008 financial crisis
- Over 81% believe the Dow Jones will end the next year higher
- Investors are bullish because they expect the Fed to cut interest rates significantly
- Some experts warn that large rate cuts could signal an economic slowdown rather than boost stocks
- Confidence that markets will avoid a crash in the next 6 months has declined recently