Just read the link: http://www.barrons.com/articles/barrons-big-money-poll-the-pros-turn-cautious-1461387009 We might have a crash in may soon
Or if the "pros" are cautious it means they are underinvested. If markets continue to rally they will have to enter at a rapid rate accelerating a rally.
Big money is always hiding their real intentions. Better trust your own system (if it is profitable) and don't read news or anything else. About the report in Barron's: only 16% is bearish. So 84% is NOT bearish. About these "experts with big money" mentioned in Barron's report: Granite Investment Advisors Mutual Fund: return on 1 year -6.99%; return on 3 year 4.31% Absolute Return Fund – WARAX: return on 1 year -6.13%; return on 3 year 0.40% Weybosset Research: Stock Alpha return on 3 year -4.6% Are these the returns of the big money? I want better returns.
Well the majority have to be bullish otherwise all those tens of thousands of employees who have been laid off across multiple sectors may not be very happy to see their retirement accounts dip by 40% in the same year...
All I can say is the ever bullish Fin. Advisors in the US should be eternally grateful they weren't employed in Japan over the past 25 years...Same bag of financial tricks, but the Nikkei hasn't been bailing them out year after year...