New York, NY, March 21, 2016 --(PR.com
)-- Lead Capital Partners has released results of an institutional client base survey it conducted to gauge investor sentiment in the aftermath of the worst ever start to a year’s trading. Markets sold off heavily in the first few weeks of 2016 driven by concerns over the outlook for the global economy and the extent of slowing growth in China.
Compounding the sense of gloom was the mid-December 2015 rate hike from the US Federal Reserve which many investors felt had been ill-timed given the surfeit of data appearing to point to a steady decline in the pace of growth in the world’s largest economy.
The New York-headquartered investment house and brokerage polled its client base, posing the question: considering the market volatility seen at the start of 2016, is there still sufficient upside potential to warrant remaining invested in assets given the headwinds facing the global economy?
“The poll’s results were highly encouraging,” said David Eckhart, chief market strategist at Lead Capital Partners.
Of 300 institutional and corporate clients surveyed, 71% said they remained optimistic about prospective returns in 2016 while only 10% were pessimistic. 19% were undecided, preferring to await the end of the first quarter before committing to an answer.
Chief driver of the optimism, according to Eckhart, was the prospect of more monetary stimulus from central banks in Japan, Europe and, eventually, the US.
“Our China-based clients are certain that the Chinese authorities won’t allow the country’s 2 stock exchanges to fall and will intervene with changes to monetary policy and, if necessary, stimulus in order to head off any serious declines,” concluded Eckhart.
About Lead Capital Partners:
Lead Capital Partners is an independent investment management practice founded on the philosophy that an active, opportunistic and adaptable approach to investing provides our clients with the best chance for the realization of long-term positive returns irrespective of prevailing market environments.
It is our firm belief that the “buy and hold” investment strategy that has traditionally served investors to such great effect over the decades can, now, lead to significant losses in bear markets, or to little or no profit in markets that persist in trading in ranges unless they are actively managed by seasoned professionals such as those at Lead Capital Partners.