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For Immediate Release March 16, 2001
Contact: Cristi Allen
callen@decisionanalyst.com
Phone: 817-640-6166
Confidence In Stocks, Mutual Funds Considerably Lower
Than A Year Ago, According To Survey
ARLINGTON, Texas – Americans have considerably less confidence in stocks
and mutual funds than a year ago, according to an economic survey by Decision
Analyst, Inc., a leading international marketing research and marketing
consulting firm.
In a nationwide survey conducted in February, 30% of respondents said stocks and
mutual funds would increase in value over the next six months. At this time
last year, 52% of respondents believed values would rise. About 28% of
respondents in the most recent survey said they expect stocks and mutual funds
to decrease in value, compared to 15% a year ago.
“It’s clear Americans are losing patience with the performance of
stocks and mutual funds,” said Jerry W. Thomas, President/CEO of Decision
Analyst, Inc. “Although investors are accustomed to market fluctuations,
this is the first severe bear market that many younger people have experienced.
Confidence is ebbing pretty quickly.”
Decision Analyst’s February Internet survey involved 2,609 respondents
across the nation. The margin of error was plus or minus 3 percent.
For additional information contact:
Cristi Allen
Publicity
Email: callen@decisionanalyst.com
Phone: 1.800.ANALYSIS (262.5974)
Address: 604 Avenue H East
Arlington, TX 76011
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