INVESTOR SENTIMENT IMPROVES AFTER FED PAUSE AAII sentiment turned more bullish after the Fed held rates steady. • Bullish sentiment: 37.0% (up 6.0 pts), just below the 37.5% historical average • Bearish sentiment: 38.0% (down 4.1 pts), but still above its long-term average • Neutral sentiment: 25.0% (down 1.9 pts) • Bull-bear spread: Improved to -0.9% from -11.1% • A majority of respondents said the Fed made the right decision by keeping rates unchanged.(*Walter Bloomberg)