This Key Indicator Suggests the Bear Market Is Nearing the Bottom

The market outlook appears gloomy as inflation persists and a recession starts to feel seemingly inevitable. But investors should remember that the stock market is forward-looking, so even if the current macroeconomic situation looks bleak, stocks aren't necessarily going to continue bleeding.

In fact, the U.S. Investor Sentiment bull-bear spread is nearly neutral at around -2%. Anything above 0% indicates bullish sentiment while anything negative is bearish.

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Source Fool.com