Chart Of The Day: ‘100% Confident’

Well, it’s official: investors simply cannot get any more bullish.

According to the latest readings on Yale’s one-year investor confidence indices (so, percentage of respondents who think stocks will be higher a year from now), both the “smart” money and the “dumb” money are now 100% confident that nothing can go wrong (basically – the individual survey is at 98.92):

Specifically, the indices measure this: “the percent of the population expecting an increase in the Dow in the coming year.”

So you know… “what could go wrong?”