This week’s Sentiment Survey special question asked AAII members whether U.S. trade policy, or the possibility of the Turkish lira causing problems beyond Turkey, is having a bigger influence on their stock market sentiment. An overwhelming majority of respondents (70%) say U.S. trade policy is having a bigger impact. Many of these respondents view Turkey’s economy as being too small to have a global impact. Others say trade policy is having a direct impact here in the U.S. Almost 12% of respondents say neither is impacting their stock market sentiment. Just 4% say Turkey is having a bigger impact.
Here is a sampling of the responses:
- “I believe U.S. trade policy will have a bigger impact. I believe Turkish insolvency will only affect Turkey.”
- “U.S. trade policy due to many American companies incurring higher raw material prices.”
- “Neither. My vote is based on the solid economic environment in the U.S.”
- “Trade policy. Tariffs could affect consumer prices and put a damper on a strong economy.”
If you want to become an effective manager of your own assets and achieve your financial goals, consider a risk-free 30-day Trial AAII Membership