If there is one thing that drives the stock market, it’s confidence.
The belief that a stock or asset class will meet various earnings, revenue or return targets is why we have buyers and sellers. And because of this, confidence is a significant metric to look at and analyze. So with the market continuing on its incredible bullish run, checking the gauge of what investors think is pretty prudent at this point.
But investors might not like what they see.
For one group of affluent individuals, confidence in the market and its overall returns is dropping like a stone. For the rest of us, that could mean that it’s time to take the pedal off the floor and ease up.
Click here for a complete list of the Dow 30 dividend stocks.