The Rydex Investments AdvisorBenchmarking Advisor Confidence Index, which gauges advisers’ outlook on the economy and the stock market, rose 4% in November to 82.46, up from 79.07 in October.


In conjunction with the index, Rydex surveyed independent registered investment advisors (RIAs) on their opinions, and found a wide mix of outlooks.

Only 35% believe the market will rise more than 5% from its current levels by the end of the year. Twenty-nine percent expect the market to remain at the same levels. The remaining 64% expect the market to decline.

Another 80% are concerned over President-elect Barack Obama’s tax plans.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.