From PragCap:
Ever wary of market risks, David Rosenberg of Gluskin Sheff highlights four signs of investor complacency as the equity market soars to new highs on a near daily basis:
• The Investors Intelligence Survey is flashing 52%, doubling in six months and at a two year high.
• Even the usually more dour AAII poll of individual investors shows a higher share of bulls than at any point in the last two years….
