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Most FAs Think We Haven’t Hit Bottom: Survey

Despite wild volatility for weeks, the majority of financial advisors expect it to still get worse before it gets better. So reports CNBC.

economy 4964514 640smallAn overwhelming 81% of advisors polled by Ned Davis Research say they think we have yet to hit bottom. They expect the S&P to continue to fall below its March 23rd levels. At that point, the S&P was down 34% from its Feb. 19 high mark.

Meanwhile, more than half expect the market to bottom out by the end of May, while one in four think it will occur later.

Read the full article from CNBC.

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