RJ and Makay

Independent investment advisors are still running with the bulls these days, according to a recent semiannual survey by discount brokerage Charles Schwab.  The survey reports that the majority of advisors, 63%, say the S&P 500 ($INX) will rise over the next six months. In Schwab’s January survey, the results were essentially the same, with 65% of advisors expecting the market to post gains. A similar attitude was demonstrated among the 59% of advisors polled who say they don’t see a double-dip recession coming in the U.S. over the next six months. Another 15% of the group said a second recession was neither likely nor unlikely, and the remaining 28% say another recession could likely occur.