Investor Sentiment Cycle

In the whole scheme of things, where do you think we are currently at in this sentiment cycle?

I think some would certainly say we're at the anxiety stage but frankly we could still only be at the relief or optimism stages instead especially if you're looking at it through a longer-term lens.

Whether we again see the market find its footing and then rally even higher following the recent pullback will certainly help us figure out which one is most likely.