(November 3 – 13: 50 ET) –
Canadians feel far less confident
this fall than just three months
ago about some of their favourite
places to invest, according to
the Manulife Investor
Sentiment Index released today by
Manulife Financial. That
includes including stocks, mutual
funds and even their own homes.
The overall Manulife Investor
Sentiment Index registered +22 in
mid-September, down eight points
from +30 in mid-June and +32 in
April. All six categories measured
for the index have dropped since
Manulife’s initial spring survey.
The fall 1999 Manulife Investor
Sentiment Index is based on a
mid-September survey of more than
1,000 Canadians by The Gallup
Organization.
Stocks, investment properties
and cash all showed major signs of
weakening support among investors
through the past three months. Each
of those three indices fell by
double-digits, with stocks down
to +19 from +29 just three months
earlier.
-IE Staff
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