Waller defends Fed's decision to cut by 50 bps

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Go back to Waller defends Fed's decision to cut by 50 bps

Bullish sentiment surges among retail investors post Fed cut

September 20, 2024 12:00 PM EDT

Individual investors have shown a significant boost in optimism regarding the stock market following the Federal Reserve's recent rate cut, according to the latest AAII Sentiment Survey.

The survey reveals a notable increase in bullish sentiment, with expectations for rising stock prices over the next six months climbing to 50.8%, up by 11.0 percentage points.

The rise in optimism is particularly striking as it is "unusually... More