7 years ago
Market optimism hits Black Monday-level peak, a 'potential significant danger'
The roaring stock market has professional investors riding high, so much so that it's rekindling memories of the 1987 crash. In terms of sentiment, the difference between bulls and bears hasn't been this high in 30 years, according to the latest Investors Intelligence reading. Back then, stocks were bubbling their way toward the worst single-day sell-off in history when the Dow collapsed 22 percent on Oct. 19, 1987.
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