BlockBeats news, September 19 — The American Association of Individual Investors (AAII) weekly survey shows that as oil prices remain high and the Federal Reserve raises interest rates for the first time since 2023, investor sentiment has deteriorated further, falling to its lowest level since 2025.
The latest survey released by AAII on Friday shows that 53.3% of surveyed investors are bearish, more than half. Only 28.8% of investors are bullish, the lowest level in a year. Charles Rotblut, vice president of the American Association of Individual Investors, said in a statement that, taken together, the difference between the number of market bulls and bears has fallen to -24.5%, a level that is "unusually low" and has been below the historical average of 6.5% for nine consecutive weeks.
This is also the lowest level for the indicator since May 2025. The latest survey also shows that more than half of respondents hold cash allocations above normal levels, indicating that investors are relatively cautious. Among them, 19.1% of respondents said their cash allocation is "far above normal levels."

