Investors less bullish - JPMF survey

The index shows, however, that investors overall are still remain positive about the future, with 43% of those questioned saying they believe the stock market will be higher in six months’ time. Some 18% believe it will be lower, while 39% are unsure of the direction share prices will take. This time last year, when markets reached their lowest point in the bear market, just 20% of investors felt equities prices would rise. Since then, the FTSE 100 index has surged by about a third, JPMF notes. IFAonline