Retail Investor Sentiment Increasingly Positive in the First Half of 2017 According to the Latest Sc

Charles Schwab press release July 27, 2017 ------- Charles Schwab released its retail client behavior and sentiment report covering the first half of 2017. Key highlights from the Schwab Wealth Management Monitor include: Schwab retail clients overall were net buyers during the first half of 2017. Average cash allocation across all retail clients decreased slightly to 19.8 percent (from 21.1 percent at the end of 2016). Clients are seeking planning and advice with planning conversations up nine percent year-over-year and number of Schwab retail advisory accounts up 15 percent year-over-year. Client outlook for the U.S. stock market is up, with 42 percent feeling bullish compared to 33 percent in Q2 2016. Fifty-six percent of Schwab clients feel better off financially compared to a year ago – the highest reading since the end of 2014. To learn more click on the picture below to read the release.