Subject: OT: Contrary Indicator?
Came across a story on Axios which declares that 56.4% of Americans think stock prices will increase in the years ahead:

https://www.axios.com/2024/10/...

This from a survey of "adults," which must include a lot of people who don't actually know anything about the stock market, but have an opinion by virtue of its cultural prominence.

The thing caught my eye because it appears to be very rare for more than half of adults to think the stock market will go up; perhaps because the market's cultural prominence varies inversely with performance?

On that basis the 56.4% kind of screams "blow off top," does it not?

Baltassar (100% long)