In every preview I have conducted over the past three weeks, attendants have always contradicted themselves. When I asked the audience where they think the STI will be at the end of 2020, I always get a consistently bearish picture, as shown below: Half would believe that the markets will be flat. Of the remaining half, a majority believe that the index will fall below 2500, which is consistently a bearish read on the market sentiment. However, a different picture emerges when I ask the same audience what actions they intend to take on the stock market: The same attendees believe that even though they expect exchanges to be down at the end of the year, they intend to buy more stocks for their portfolio. So the investment population seems to be bearish in theory but bullish in practice. How can we explain this contradiction? As it turns...