Published on: 01/07/2016
Survey: Many Stock Market Pros See ‘Significant’ Risks from Terrorism, Global Events
Leading financial market professionals are generally upbeat on the stock market’s prospects in the year ahead. But like many Americans, many of the Wall Street experts surveyed by Bankrate are concerned about the risks of terrorism and international events. Despite expectations of higher interest rates, our 1st-quarter 2016 Market Mavens survey finds the odds of a bear market next year are relatively low, similar to what we found in previous surveys. The experts are generally bullish, with just 1 in 4 of the experts saying that the likelihood of a downturn is 50-50 or higher. “There is ample liquidity, and the banks are in solid shape,” notes Michael Farr, president and CEO of Farr, Miller & Washington. If you are unable to follow the link, please click here for a PDF Version.
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