Schwab Survey: Trader Sentiment Turns Bearish for the Fourth Quarter, but Remains More Bullish Compared to a Year Ago
“The confluence of factors facing markets today from monetary policy to government uncertainty to, most recently, geopolitical uncertainty has led some traders to take a more cautious stance,” said James Kostulias, head of Trading Services at Charles Schwab.
- “The confluence of factors facing markets today from monetary policy to government uncertainty to, most recently, geopolitical uncertainty has led some traders to take a more cautious stance,” said James Kostulias, head of Trading Services at Charles Schwab.
- “However, glimmers of economic optimism are emerging as we head toward the end of the year and look ahead to 2024.”
Traders’ expectations for the economy are leading many to dial back on risk exposure. - Still, they are more than twice as likely to be planning to move money into their investment portfolio than take money out.