Americans Roughed Up by the Market Still Think Stocks Are Great
Six in 10 investors say now is a good time to invest, even though half believe more pain is ahead in 2020.
A jogger passes in front of the New York Stock Exchange on June 17.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Americans are still hopeful about the long-term health of the stock market, despite being pessimistic about how their investments will hold up in the short term, a Wells Fargo/Gallup survey found.
Most people remain eager to invest — especially to try to build their retirement funds, the survey found. The quarterly survey of 1,076 of adults with at least $10,000 invested was conducted between May 11 and 17, when U.S. stock markets had rebounded from their 2020 lows in March but were still significantly below mid-February’s highs.