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Survey: Bearish sentiment among investors towards US stocks has exceeded 50% for the fifth consecutive week.
According to ChainCatcher news, as reported by Jin10, a survey by the American Association of Individual Investors shows that bearish sentiment towards US stocks has exceeded 50% for the fifth consecutive week. According to Bespoke Investment Group, this marks the second-longest streak of bearish sentiment since the survey began in 1987. Earlier this week, Goldman Sachs data indicated that hedge funds reached the highest net selling scale of US individual stocks in seven weeks, with shorting activities surpassing go long buying.