Poll results: What is the biggest risk to performance in financial markets?
By Matthew Wurtzel | January 7, 2013 2:05 pm
More than 67% of respondents to a P&I Online survey last week said slow economic growth was the biggest risk to financial market performance now that the fiscal cliff was averted.
The next leading threat according to almost 16% of respondents was the recession in Europe. About 12% of respondents said the Federal Reserve's policy of keeping rates low would affect market performance and five percent of respondents selected slowing growth in China as a concern.
The question was asked following Congress' passage of the American Taxpayer Relief Act of 2012 on Jan. 1. The bill averted expiring tax cuts and other items associated with the fiscal cliff. Stocks rallied the following day.
As part of P&I's Investment Outlook 2013 special report, this week's poll asks where the Standard & Poor's 500 stock index will end in 2013.