This week’s Sentiment Survey special question asked AAII members what investment changes they are making in reaction to the new presidential administration. Most respondents can be categorized as belonging to one of three distinct groups. Nearly 31% do not intend to make any change, with some saying that they follow a long-term approach and others waiting to see what policy changes emerge from the Trump administration. Slightly more than 28% are buying or intend to buy stocks. Financials and industrials were most commonly listed, followed by technology, defense, small-cap and mid-cap stocks. An additional 28% of respondents say they are either selling out of certain stocks or are otherwise moving to/staying in cash.
Here is a sampling of the responses:
- “Increased exposure to the financial sector, as well as building and construction.”
- “Sticking to my asset allocation and overall financial plan.”
- “I am not making changes because of the presidential election.”
- “Expect the defense sector to do well.”
- “We’re holding cash that we otherwise might have invested.”
Want to weigh in? Take the survey yourself and see results online at http://www.aaii.com/sentimentsurvey.
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