SARASOTA, FL, August 7, 2008 – MoneyShow.com, the largest multimedia investment education destination for investors and traders, will announce today the results of the Investors’ Sentiment Indicator at The Money Show San Francisco. With the elections and economy on the minds of Americans, investors have become split on their outlook for the markets with 43% leaning towards a bullish sentiment for the S&P 500 for the remainder of 2008, while 39% feel the markets will be bearish.
Inflationary concerns have remained level throughout the year with 74% of investors expecting inflation to increase and 21% for it to remain the same. Investors’ outlook on US economic growth, however, has shifted downward as 49% foresee decreasing and 21% negative (recession) GDP growth compared to 45% and 16% in February 2008’s sentiment indicator. Another significant change since February is how investors feel about interest rates with 66% anticipating the Federal Reserve to keep rates at current levels (up from 23%) and 28% thinking the Fed will raise short-term rates (up from 6%).
When asked about which asset class will do the best between now and year-end, 35% of investors look ahead to commodities to be the most profitable. Small US stocks and cash (CDs, MMs) have more than doubled their popularity since February’s sentiment indicator with 16% and 13% (respectively) of investors thinking they will perform the best.
With the elections coming into full swing, investors were asked about which Presidential candidate and political party they expect to win. The majority of investors (49%) think Senator Barack Obama will win the Presidency, as compared to 27% for Senator John McCain (24% were undecided). When asked about Congress, an overwhelming 78% feel that the Democrats will maintain majority in both houses.
The MoneyShow.com Investors’ Sentiment Indicator polled 460 private investors from its member list between July 30 and August 4, 2008. The complete findings of the Investors’ Sentiment Indicator will be available on the Investors channel on MoneyShow.com. The site will commission several other indicators throughout the year among high-net-worth individual investors, active traders, and investment experts that will be announced in conjunction with its various trade shows and made available on MoneyShow.com
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About InterShow
InterShow, the world's leading producer of investment trade shows and cruises, is a privately held
company headquartered in Sarasota, Florida, USA. Founded in 1978 by Charles and Kim Githler,
InterShow's events include The World Money Show®, The Money Show®, The Traders Expo®,
The Forex Trading Expo®, The Financial Advisor Symposium®, and luxurious investment cruises,
that each year bring approximately 50,000 investors, traders, and financial advisors together with
world-class analysts, top-performing mutual fund and separate account portfolio managers, and
independent investment and trading advisors, in live and interactive forums designed to educate and
empower all participants.