Investor confidence down says JPMF

The figures show more, 37%, remain convinced the stock market will go higher in six months’ time than those who do not, 21%, the provider says. However, 42% remain “neutral” in their outlook, expecting neither gains nor losses over the next half year. Share prices hit a two-year high in April, albeit off a severe low point following the three-year bear market, which has spooked some investors, JPMF says. Others are concerned about rising interest rates, with the Bank of England battling rising house prices and consumer borrowing. IFAonline