Latest AAII Sentiment

This week's AAII sentiment figures are out, with a slight decrease in bullishness, but still a 23% bull-bear spread indicating lots of enthusiasm. Also, call buying on the CBOE is continuing at a frantic pace.

Last summer, I researched farmland as an investment and found that it was staggeringly overpriced. Check out figure two, Cash Rent as a Percent of Land Price, which shows that farmland prices are historically  very high relative to rent.