Bob Elliott: Investor optimism at highest level in years

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Investor optimism reaches multi-year high

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16 hours ago

Bob Elliott: Investor optimism at highest level in years — Investor optimism reaches multi-year high

Bob Elliott, co-founder / CIO at Unlimited, highlights a sharp divergence in investor sentiment. Only 2% of investors believe a hard economic landing is possible, the lowest level in years.

Meanwhile, 54% of investors expect strong growth ahead, marking the highest optimism seen in years.

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Elliott has recently commented on shifts across several markets. He cited reduced central bank gold buying as a factor behind recent market softness in gold. In a separate note, he observed that the Japanese yen could see a reversal as short positions build and economic factors change in favor of the currency.

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