Q4 2023 Trader Client Sentiment Survey
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.
Key findings
- The political landscape in Washington, D.C. is weighing on traders’ minds, with 21% citing it as their primary concern about investing compared to 16% who see Federal Reserve interest rate increases as the primary concern and 11% who are focused on the potential for a recession.
- Two-thirds still believe a U.S. recession in 2024 is at least somewhat likely, but many also expect inflation to come down next year.
- Compared to last year, traders are roughly split as to whether they are more optimistic or pessimistic about the economy in 2024.
About the survey
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. The study included 853 Active Trader clients at Charles Schwab and was fielded from October 3-9, 2023.
Media Contact: Margaret Farrell
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