Stock Market Investor Psychology: Here are 2 Rare Traits Now on Display :: The Market Oracle ::
In the past year, the stock market has been flooded by inexperienced investors. Here's a May 12, 2020 CNBC headline: Young investors pile into stocks, seeing 'generational-buying moment' instead of risk The message of that headline matches up with the sentiment among many investors that the stock market is at the start of a boom -- not near an end. Yes, financial history shows that the same psychology has been on display before, i.e., the heralding of "The New Economy" in 2000 -- just as stocks were topping. And, if you want to go all the way back to the 1929 top, the proclamation of "A New ...
Source: marketoracle.co.uk