Sell Side Consensus Indicator Still Extremely Bearish

Click to enlarge

Source Merrill Lynch



I’ve shown this chart several times over the past year, but its worth repeating: The Street remains very bearish by historical standards.

Note this is not at all a short term indicator; and does operate with a bit of a lag.


Strategists Most Bearish on Equities since 1985 (August 1st, 2012)

Equity sentiment ticks up in March
Savita Subramanian, Dan Suzuki, Alex Makedon, Jill Carey
Merrill Lynch, April 1, 2013

What's been said:

Discussions found on the web:

Posted Under