Most everything is going up—established Dow stocks, faster-growing tech shares, bitcoin and other cryptocurrencies, and even gold and other precious metals. Risk-averse investors have a bounty of options, too, including certificates of deposit offerings yields of about 5% and rising junk bonds and other fixed-income investments, adding to the glow. He says the overall investing environment, with its many reasonable choices, has rarely been this attractive in 24 years. It is also true that investors tend to do a poor job of timing markets and sometimes get enthused just before a pullback. The Investors Intelligence Bull/Bear Ratio demonstrates the widespread optimism, with 56.5% of respondents saying they are bullish and just 17.7% saying they are bearish as of May 14.

Source: Wall Street Journal May 17, 2024 07:16 UTC