> The Guardian-Harris survey also found that 49% of respondents think the S&P 500 index is down for the year. In reality, stocks have been ripping: The S&P 500 is up 13% this year on top of a 24% gain last year.
This is kind of interesting. It would be more interesting to know how that misperception has changed over time. I suspect that at any given time half of people wouldn't correctly guess whether the S&P was up or down.
This is kind of interesting. It would be more interesting to know how that misperception has changed over time. I suspect that at any given time half of people wouldn't correctly guess whether the S&P was up or down.