E*TRADE Study Reveals Abrupt Shift to Recession Mindset
E*TRADE FINANCIAL CORP (ETFC)
Last e*trade financial corp earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
about.etrade.com/index.cfm
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Source: Business Wire
ARLINGTON, Va.--(BUSINESS WIRE)--E*TRADE Financial Corporation (NASDAQ: ETFC) today announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors. Results indicate increasingly gloomy investor views:This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200408005698/en/Investors become decidedly more pessimistic, believing we are in a bear market amid lagging economy and recessionary environment (Graphic: Business Wire)Recession fears surge. The majority of investors believe we are in a recessionary environment (74%), rising 59 percentage points since last quarter.The bears come marching in. Bearish sentiment rose 23 percentage points since last quarter to 62%—hitting a five-year high. In fact, three out of five investors (60%) expect the market to drop this quarter, increasing 35 percentage points since January.More investors feel “Dazed and Confused” and that it is “A
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