Still influencing the crisis when investing? – Manage your money

Still influencing the crisis when investing? – Manage your money

In particular, between July and September, the indicator stood at 1.08 points, slightly lower than the previous quarter, when it reached 1.14 points, the highest figure since 2007.

The data correspond to the last known indicators of the Spanish economy and the evolution of markets, which remain in positive terrain but reflect some stabilization in recent months. Respondents who believe it is likely or very likely that stock markets go down in the coming months to reach its lowest level since the survey was done, with 20.4%. Meanwhile, 29.6% expect promotions and half of the sample expected to remain at current levels.

The crisis has less influence when investing
Spanish investors who understand the economic crisis as a factor to consider when carrying out their operations are at a record low, 25.9%, which is 5 points lower than the previous quarter. This almost equals 25.4% of respondents are fixed interest rates and Euribor when making their decisions, with an increase of five points from the previous quarter.

This growing concern about the evolution of performance is also reflected in the responses to the intentions of the investors in the next six months. Deposits and savings accounts remain the favorite product but fall back again, this time to 60.2%, which account for nearly 6 points below the April-June and its lowest level since 2009.

The products most benefit from these lower deposits are investment funds and pension plans or funds. As funds continue adding the favor of investors, up 1.3 points to 4%, the highest level since 2010.

These data suggest that a change is gaining gradual behavior of investors willing to diversify the instruments chosen and reduce their presence in less active products that offer low interest rates, in search of higher returns.

The survey also includes forecasts September when the European market already gave signs of exhaustion before some economic forecasts focused increasingly lower growth. Still, investors believe that the market is precisely the most likely to go up in the near future. Specifically, 22.1% rely on advances, compared to 18.6% which places the Spanish plazas as more advance.

The decline of investor pessimism found in the last waves of the survey also reflected when respondents reason their expectations about the markets. The low weight of the crisis on investor decisions can also be found regarding their expectations of the stock market. A third of those who believe that the market will rise, understand that the reason is that there is an improvement in the current situation.

At the other extreme, among the pessimists who expect prices to fall, 51, 6% blame the crisis, which is 13 points less than the previous quarter and a record low.

However, investors still have prejudices. That, and as has been occurring in recent quarters, three out of four respondents put the end of the crisis in more than 3 years. The data may indicate that perceived improvement in economic activity which supports their optimism, but understand that it will take longer for a situation similar, when the onset of the crisis.