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When the bears go missing

The number of US pundits expressing bearish views is at multi-year lows. Here's what that means.
When the bears go missing

Very few US investment pundits are bearish right now, according the longest-running survey of market sentiment.

A scarcity of bears has been a feature of the lead-ups to major tops in the market, such as 1973 and 1987. So, how worried should we really be about the recent mood among tipsters?

Read my view in this