Anticipation of stock market gains has fallen steadily since last September:
The expectation for improvement in profits (red line) fell in a number of industries in March:
Autos
Banks
Information Technology
Services
Telecommunications
On the bright side, there has been a continued rise in profit expectations for the chemical and pharmaceutical industry...
And there seem to be few complaints about the current economic situation:
Compared to its neighbors, we find similar declines in sentiment for the U.K. (and Europe as a whole) while sentiment actually rose in France and Italy:
