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Wall Street Sentiment Survey May Have Been the Turning Point for the Stock Market

Investors have scoured tons of data to prove that the market rout of 2022 is over. A six-decade-old inquiry could have made that call in June.

Investors Intelligence’s ratio of bullish to bearish advisers, known as the bullish/bearish ratio, fell to 0.60 during the week of June 21. , according to Yardeni Research. The date also marked the lowest closing level of the financial crisis, with stocks falling 57% from their October 2007 peak before surging.


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