Gold Surpasses Stocks as Preferred Investment Among Americans.

1 min read
Source: Markets Insider
Gold Surpasses Stocks as Preferred Investment Among Americans.
Photo: Markets Insider
TL;DR Summary

For the first time since 2013, more Americans view gold as a better long-term investment than stocks, according to a recent Gallup survey. However, this is a good sign for the stock market, as it suggests a contrarian view that the path is higher for stocks. The Federal Reserve is likely to wrap up its rate hike campaign, and the economic outlook is starting to brighten based on a recent New York Fed survey of business leaders. Despite negative sentiment, investors should stay bullish on the stock market.

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