Milly....
Why Now Is a Good Time to "Be Greedy"
A recent New York Times article pointed out that bearish sentiment, as measured by the Conference Board, has hit an all-time high.
Fully 55% of the people questioned in July expect the stock market to decline over the next 12 months.
Why is this important today?
Because each time the bearish sentiment has exceeded 35% over the past 21 years, the market has confounded that sentiment by gaining ground over the following year, at an average pace of 20.5%.