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Thursday 13 October 2016

E*Trade's Active Investors See Bull Run in Q4: TheStreet

Published on Oct 13, 2016
More of E*Trade's active investors see a bull run ahead. According to the E*Trade active investor survey, 56% of respondents are bullish for the fourth quarter, up from 55% in the third quarter. "While Q3 saw investors bracing for the aftershocks of Brexit, Q4 finds investors' optimism in the market and U.S. economy remarkably strong especially considering all the uncertainty surrounding the election and additional Fed action," said Mike Loewengart, VP of Investment Strategy at E*Trade Financial. Loewnegart added that investors may have "taken to heart" the reality that non-political macro events, like interest rates and inflation, typically affect the market much more than elections. This wave of the survey was conducted from October 1 to October 10 of 2016 among an online U.S. sample of 955 self-directed active investors who manage at least $10,000 in an online brokerage account. The survey, fielded and administered by ResearchNow, has a margin of error of

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