When Investors Fear the Worst: What It Really Means
By Jeff Cox, CNBC.com Senior Writer
NEW YORK (CNBC) -- Consumer nervousness over their stock portfolios is reaching an apex, which actually could mean good news for the market in the long run.
The most recent Conference Board consumer confidence survey, delivered Tuesday morning, contained an interesting nugget about worry over the state of equities.
The report found that the percentage of those who believe stock prices are going to fall shot up from 32.4% to 42.6%.The 10.2 percentage point surge represents something of a landmark. Looking at data back to 1987, there have been only seven occasions where the rise in stock market fortunes has eclipsed 10 percentage points in a month.
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