Investor confidence down, says index

The index previously stood at a four month high in February. Some 18% of investors surveyed in April have said they believe the stock market will fall in the next six months, compared with 14% in March. JP Morgan says confidence is being knocked by a flat housing market, ongoing FTSE falls, and particular economic headlines highlighting threats to employment. The asset manager highlights the collapse of the Rover Group and big redundancies announced by IBM across Europe including the UK as focusing attention on the jobs front. If you have any comments you would like to add to th...