09.04.2009 - Advisors remain bullish on equities and commodities: survey
From Investmentexecutive.com: Advisor confidence remains high in both commodities and energy stocks, according to the lasted survey from BetaPro Management Inc. Advisors who are bullish on energy stocks represent over 73% of the almost 400 advisors polled, managing more than $30 billion in assets and representing a significant cross-section of the industry. The survey revealed increased optimism for crude oil, but slightly lowers expectations for natural gas. Confidence in energy and mining commodity prices is consistent with a 70% bullish sentiment in the Canadian dollar versus the U.S. dollar. The expectation of a return to economic stability also resulted in a bearish outlook for the U.S. 30-Year Bond.....Full Article: Source
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