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Payne's Perspective: July 24, 2023: Summer Breeze

By Charles Payne CEO & Principal Analyst

Are We Too Giddy?

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He that is giddy thinks the world turns round.

-William Shakespeare

Nothing angers Wall Street’s Ivory Tower crowd more than the notion of giddy retail investors when those investors are making money against the advice and observations of the Ivory Tower crowd.

Several measures of investor sentiment are often conflated with market sentiment. Just because the stock market is up or down, it doesn’t mean retail investor sentiment is up or down.

Moreover, sentiment and actions are often distinctively different.

On that note, right now, retail investors' bullishness is near a two-year high point, which is giving the experts fits. 

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To read the full report contact your account representative or email Info@wstreet.com 

Charles Payne
Wall Street Strategies


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