Overnight news that showed the number of confirmed coronavirus cases has spiked sent a negative tone rolling through markets today, but generally speaking, sentiment surrounding the issue has improved, which has been reflected in higher prices for risk assets. Given this, the percentage of respondents in AAII's weekly survey that have reported as bullish has risen to 41.33% from 33.87% last week. That 7.46 percentage point jump in bullish sentiment may sound like a lot, but just one month ago, bullish sentiment rose an even larger 8.76 percentage points to a similar reading of