According to The Kobeissi Letter, the share of consumers expecting higher stock prices over the next 12 months fell by 9.3 points in March to 37.4%, marking the lowest level in a year and the largest monthly decline since March 2020. Over the last four months, this percentage has dropped 19 points from a record high of 56.4%, indicating a significant shift in market sentiment.

According to The Kobeissi Letter, the percentage of consumers expecting higher stock prices over the next 12 months has fallen by 9.3 points in March, reaching 37.4%, the lowest level in a year. This represents the most significant monthly decline since March 2020. Over the past four months, the percentage has decreased by 19 points from a record high of 56.4%.