If you are a fan of behavioral economics and the way investor psychology impacts the market, then there is some interesting new data to look at. The amount of people searching the internet for “recession” and “bear market” has been spiking. People have been increasingly searching for such terms and their level of searches has hit its highest since 2008. Tweeting activity on such topics has also nearly reached a new peak in records going back to 2010.
FINSUM: This may seem like statistical noise, but when you consider that millions of Americans are calling their advisors in a panic, you can start to see how such concern starts flowing through to indexes.