US consumer sentiment regarding the equity market reached a multi-year peak in June. The perceived likelihood that domestic stock prices will appreciate over the next 12 months rose by 2.9 percentage points during the month. This shift brings the total share of bullish consumers to 40.9%.
This latest reading represents the highest level of retail investor optimism recorded since April 2021. Furthermore, the 40.9% figure marks the third-highest probability reading in the history of this specific consumer survey.