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Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows - TL;DR CNBC

Investors believe the stock market is set for losses, and cash is best safe haven, CNBC survey shows

Publishing timestamp: 2023-03-31 09:44:21


Summary

A CNBC survey of investors found that nearly 70% believe the S&P 500 could see declines in the coming months, with 60% saying that cash is their safe haven right now. The biggest risk to the market was seen as a misstep by the Federal Reserve or persistent inflation. The recent banking turmoil has driven significant inflows into money market funds, which saw assets increase to a record of $5.2 trillion.


Sentiment: NEGATIVE

Tickers: GS.SPX

Keywords: jerome powellmarketss&p 500 indexgoldman sachs group incbreaking news: investingbreaking news: businessinvestment strategystock marketsjeffrey gundlacheconomic eventsbreaking news: marketsbusiness newswall street

Source: https://www.cnbc.com/2023/03/31/investors-believe-the-stock-market-is-set-for-losses-and-cash-is-best-safe-haven-cnbc-survey-shows.html


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