Q4 2022 Trader Client Sentiment Survey

Schwab has tracked client sentiment for over 10 years to gauge how clients are feeling about their current financial situation, market & investing opportunities or risks, the market outlook, and their confidence in investing and achieving financial goals.

Key findings

  • Despite the year’s turbulence, 91% of traders remain confident in their ability to reach their financial goals.
  • While most traders (68%) are bearish in Q4, they see opportunity in the energy (71% bullish) and health care (52% bullish) sectors, as well as value stocks (48% bullish).
  • Rising interest rates, inflation, and political issues (both domestic and international) are traders’ top concerns. Nearly all traders feel an economic recession in the United States is at least somewhat likely, with many suggesting it will begin (or has already begun) in 2022.
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About the report

The Charles Schwab Trader Sentiment Survey is a quarterly study exploring the outlooks, expectations, trading patterns and points of view of clients at Charles Schwab–who actively trade equities or trade options, futures, or forex. This survey included 813 Active Traders and was fielded October 5-17, 2022.

Media contact: Margaret Farrell

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