33% of survey respondents have already invested in cryptocurrency in the U.S., an all-time high based on the survey’s history.
TradeStation Group, Inc. (“TradeStation”), a Monex Group company and an award-winning, self-clearing online brokerage for trading stocks, ETFs, options, futures and crypto, announced the results of the 29th Monex Global Retail Investor Survey. The survey, which gauges customer sentiment based on answers to specific questions from a random sampling of customers of Monex, Inc., TradeStation, and Monex Boom Securities (H.K.) Limited reveals high expectations for U.S. stocks among retail investors in Japan, the U.S., and Hong Kong, despite the ongoing COVID-19 pandemic.
Latest Fintech Insights: AM Best Upgrades Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries
Many investors anticipate U.S. stock prices to continue to rise. Retail investors in all three regions answered that the U.S. is the region with the greatest likelihood of stock price appreciation in the coming three months.
“The U.S. economy remains strong. Employment is steadily recovering and could reach pre-pandemic levels in 2022. We’re cautiously optimistic about U.S. market conditions in the year ahead, though we expect continued volatility as the world grapples with virus variants, supply chain disruptions and inflationary pressures,” said John Bartleman, President of TradeStation Group, Inc. “As we continue to invest in TradeStation Crypto, we are also encouraged by the growing interest in the space, based on the survey’s results.”
Browse The Complete News About Fintech : Trust Payments Announces Expansion to Cyprus
Other key findings reveal:
- Investment in cryptocurrency among retail investors is becoming more widespread globally. The percentage of retail investors replying that they had already invested in cryptocurrency was 33.1% in the U.S., 19.6% in Japan and 18.4% in China, reaching all-time highs in each country since this question was first introduced.
- However, 36.6% of respondents in the U.S., nearly half in Japan (49.1%) and 33.2% in China cited a lack of interest in cryptocurrency.
- The forecast Diffusion Index (DI) for the world stock markets rose significantly among respondents from Japan but fell among respondents from the U.S. and China.
Read More About Fintech News : Relation Insurance Services, Inc. Acquires the Assets of Hodge Ethridge Insurance and Financial Services, LLC
[To share your insights with us, please write to sghosh@martechseries.com]
