Dangerously Bullish
Did The New York Times really run a front-page article Saturday on small investors pouring money into stocks? I can attest that it was. Otherwise, if you had any doubt that bullish sentiment is now at extremes, you need to only glance at the Fear and Greed Index put out by CNN Money. This is not anecdotal, as CNN inputs actual indicators into this number, and "extreme greed" here is currently at 94%.
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