Most Investors Stay Neutral Despite Market Plunge, Recession Fears
April 1, 2020 by Michael S. Fischer
The stock market crash and genuine fears of a recession have left Americans wondering whether worse is yet to come, Allianz Life found in its latest quarterly market perceptions study, released Thursday.
Sixty-three percent of participants in the study expressed concerns about a recession, up from 43% in the fourth quarter, and 57% thought that the market had not bottomed out.
Notwithstanding their anxiety over market swings, 52% of Americans said now was a good time to stay neutral and not take any action because of market conditions.
Forty-one percent, rattled by recent market volatility, said they were too nervous to invest in the market, compared with 35% in the fourth quarter.
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