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Equity Bearishness Sinks to 20 Year Lows

Is pessimism about the stock market really as high as equity bulls claim?

One measure of the stock market’s mood is the Investor’s Intelligence Sentiment Index, which offers us a compact view of how market participants feel toward stocks.

The latest II data shows that bearish sentiment or pessimism toward stocks (NYSEARCA:IVV) has now hit 20-year lows,

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