Despite fears of a looming recession as the FTSE hits its lowest level in over five years, research from Barclays Stockbrokers reveals investors are still retaining their confidence in the market. Almost two thirds of investors (62%) have faith in the FTSE and believe it will rise over the next three months. A further one in ten (9%) believe it will stay the same. The poll did however reveal nearly a third of respondents (29%) are not feeling so optimistic – believing the FTSE will go down over the next three months. Barbara-Ann King, Head of Proposition at Barclays Stockbrokers said: “Despite market turmoil over the last few weeks with the FTSE experiencing dramatic falls we have seen our clients continue to take advantage of market conditions to gain returns. It is encouraging so many investors are confident the FTSE will rise over the next three months; despite uncertainty, our survey shows that investors are confident that the FTSE will bounce back.”
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