It is the first time since the survey was launched in September 2013 that the bears outweigh the bulls for both equities and fixed income simultaneously.
The Iran-allied Houthi militia has weathered seven days of Saudi-led air strikes and continued to advance on several fronts, with support from army units loyal to Saleh.
The strike are aimed at stopping the Houthis from taking more territory and pressing them to negotiate a power-sharing deal with President Abd-Rabbu Mansour Hadi.