Estimated reading time: 0 minutes, 30 seconds

Most FAs Think We Haven’t Hit Bottom: Survey

Despite wild volatility for weeks, the majority of financial advisors expect it to still get worse before it gets better. So reports CNBC.

economy 4964514 640smallAn overwhelming 81% of advisors polled by Ned Davis Research say they think we have yet to hit bottom. They expect the S&P to continue to fall below its March 23rd levels. At that point, the S&P was down 34% from its Feb. 19 high mark.

Meanwhile, more than half expect the market to bottom out by the end of May, while one in four think it will occur later.

Read the full article from CNBC.

Read 3537 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.