Americans are feeling confident in the stock market—and then some.  As this week’s featured chart above shows, 56% of U.S. consumers now believe stock prices will rise in the next year, according to the Conference Board.  This surge in optimism is the highest level ever recorded, blowing past previous peaks.

Why does this matter?  Well, because while optimism can be a good sign for long-term growth, record-high bullishness might be a red flag.  Historically, sentiment at these levels has often been followed by market pullbacks.  It’s a classic case of “too much of a good thing.”

Recent drops in market volatility have only fueled this optimism.  But it’s important to remember to stay cautious.  Record-level euphoria often comes with risks that investors shouldn’t ignore.

 

This is intended for informational purposes only and should not be used as the primary basis for an investment decision.  Consult an advisor for your personal situation.

Indices mentioned are unmanaged, do not incur fees, and cannot be invested into directly. 

Past performance does not guarantee future results.