In March, the health of the stock market and economy remained relatively stable, with sentiment scores of 122 and 110 respectively. Despite concerns about inflation, two-thirds of advisors (66%) believe that the current stock market is either “good” or “excellent”. Looking ahead, advisors anticipate a slight decrease in the economy’s health over the next six months, but they are more optimistic about the state of the economy in March 2025.
Looking at the current economic landscape, fewer than half of financial advisors see it as positive, with 56% rating it as neutral or negative. Despite this sentiment, advisors have high hopes for potential stock market gains if interest rates are cut in the future. While some advisors predict no significant changes in the market over the next six months, others anticipate improvement.
The WealthManagement.com and Informa Engage survey was conducted from March 14-25, 2024 and had at least 100 respondents per month. The data collected is used to create an index that reflects advisor sentiment on the economy and stock markets. The ASI provides directional sentiment from retail-facing financial advisors over time.
