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'Dumb Money' Is Super Confident In Stock Market Right Now: Should We Be Concerned?
Friday, December 15, 2023 - 2:30pm | 482The “Dumb Money Confidence” index rose to its third-highest reading in 25 years on Friday, just as the VIX volatility index, also known as Wall Street’s “fear gauge” traded at its lowest levels since 2019. Coincidence or correlation? It’s a well-known maxim of...