– Market Risk Index rises on deterioration in psychology and valuation
– Daily psychology readings have rolled over, increasing the odds that the first bear market rally has ended.
– Boomers are bearish, and Millennials are bullish.
– Valuations are pushing a new paradigm within such a severe recession.
– Really unusual speculative sentiment and performance divergences are occurring within the recession.
![Market Outlook – Generational Gap in Sentiment](https://www.cypresscapital.com/wp-content/uploads/Research/Reports/20200515-Cypress-Market-Outlook-pdf.png)