New Jersey investors are Debbie Downers on the economy and their
investment portfolios compared with their New York counterparts, a
new survey shows.
In New Jersey, 42 percent of investors said they are "more prone
to feel the U.S. economy is going in the wrong direction," according
to a poll of investors by Morgan Stanley. Thirty-five percent of New
York investors said that, and 47 percent of Connecticut investors
agreed.
Assessing their portfolios, just 48 percent of New Jersey
investors said they are better than a year ago, compared with 53
percent in New York and 42 percent in Connecticut.
Looking to the future, 56 percent of New Jersey investors said
they're optimistic that their portfolios will improve by year's end,
compared with 58 percent in New York. Just 41 percent of Connecticut
investors felt that way.
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News Column
N.J. Investors Are a Worried Lot
May 3, 2013
By Hugh R Morley
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Source: (c) 2013 Record, The; Bergen County, N.J.. Provided by ProQuest LLC. All rights Reserved.
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