T-Bond Sentiment Gauges That Foreshadow Moves In Stocks And Bonds
On Wall Street, one of the best ways to forecast market direction is to assess the bullishness or bearishness of the crowd. As the theory goes, if everyone is bullish, the market is likely to fall. Conversely, if everyone is bearish, the market is likely to
rise. Market history is strewn with periods where this time-tested theory has proven
true.
Blame it on human nature, perhaps —