The Yale School of Management regularly surveys individual and institutional investors on their stock market crash confidence. Specifically, they ask the survey taker how confident he/she is that the there won’t be a stock market crash within the next six months.
According to the latest read (h/t Bespoke), crash confidence is at its lowest level since early 2009. In other words, investors are increasingly worried about an imminent market crash.
Liquidity moves markets!
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