Bullish Sentiment Rises As FOMO Kicks In

Summary

  • Bullish sentiment has surged as the “Fear Of Missing Out,” or FOMO, kicked in in recent weeks.
  • Since the end of January, despite the Fed hiking rates, a bank solvency crisis, and weakening economic data, the market has continued to “climb a wall of worry.”.
  • The return to exuberance continues to rise as fears of a “recession” and “bear market” fade from investor memories.

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