Investors haven’t been this negative since the GFC

Negativity is reigning on Wall Street.

Investors haven’t been this pessimistic since the global financial crisis of 2008.

The 180 degree turn around by the Media is as remarkable because we had just as much to worry about when Abbott delivered his first budget. Yet the media in the main were puffing up Frydenberg and Morrison as the primo money managers of our economy. Interest cuts won’t have the retired spending their savings and that’s the cash they are after Superannuation because the middle class and working class workers are in debt and it’s growing (ODT)

via Investors haven’t been this negative since the GFC