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Sunday, July 5, 2020

Investors are confused about the market, but a majority like this 'Teflon-like' sector - CNBC

The front facade of the New York Stock Exchange (NYSE) is seen in New York City, New York, U.S., June 26, 2020.

Brendan McDermid | Reuters

(This story is for CNBC Pro subscribers only). 

Investors have a cloudy outlook for the market in the second half of the year after a volatile first six months, according to a survey from DataTrek Research, but they believe one sector is poised to outperform. 

The firm surveyed more than 300 investors and found a wide variety of expectations, which co-founder Nicholas Colas saying in a release that the results showed a "conviction-less" market. 

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July 05, 2020 at 07:49PM
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Investors are confused about the market, but a majority like this 'Teflon-like' sector - CNBC
"like this" - Google News
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