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Barron's: Number of Bullish Investors Shrinking

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    Barron's deputy manager Lauren Rublin breaks down how investors view the economy.

  • Duration 3:49
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This transcript is automatically generated

-- Texan thanks so watch.

-- ever get done is an elephant Fuld -- role after the election according to new big money poll -- Aaron's.

Which -- responses from more than 130 institutional investors the percentage of investors were bullish is falling steadily shrinking to just 46%.

Product 55%.

Back in the spring and 52%.

Just one year of go.

Here with more on what big money is -- ahead of the election is Barron's deputy manager lowered Rubel an enormous at least have join -- -- studio welcome.

Thank you so let's address this issue of how your respondents view the economy and that's a significant -- out in terms of how bullish they are.

I would say so it's very rare to see a poll that has below 50% bulls.

It's extraordinary to see a poll where the bearish contingent double effectively doubles.

And I think people are very worried about the economy.

And money managers are worried about Washington they're worried about a lot of things.

Yeah I need you if you look at the breakdown of how they invest in light of that especially -- sector it's interesting to see that.

They're a big group thinks that financials are the best place to put their money but that also -- group thinks it's the worst place I mean how can they be.

Sort of so divided on on financials and so focused on the the same time that's probably a good thing because those who want to sell have people who want to buy that's true that's a great white.

-- what what -- what they say about financials I mean why do you think they're so focused on one of those who liked about one they say about it.

I think they feel that -- -- financial sector has a lot of its problems now under control it certainly is different from several years ago.

Banks are getting stronger and interest rates are still low.

And they feel that the stocks will do better.

What's interesting about the stock market value in your survey findings is that most people actually find the market to be fairly valued so while.

They're growing less and less confident about the health of the economy if the stock market disconnect.

There's a disconnect there and I think if you probe further into the data they're concerned about big picture things corporate it.

America has lots of cash companies are in good shape valuations are not.

Particularly stressed.

But they're worried about the economy they're worried about Washington there was a lot of commentary about the fiscal -- political dysfunction big -- Some the other that particular stocks that you mentioned it will I'd -- heated to apple because that fell into the favorite tracks for the next six months and also the most overvalued stocks.

Some may be discussed here earlier point about well it's good to have buyers that -- there's a lot of passion about apple and a power plays and again the stock has -- up tremendously.

But on a price earnings basis it's not expensive.

Yeah it's a -- -- quite a few -- there are and lots of passions on both sides you know we're at probably helpful to our audience they were unified their condemnation of the utility industry mean that was the sector that they loves to hate the most right.

Well apparently -- them on the lights come on where I have threatened but I think -- interest rates are the issues there and the utilities can detract rates rates are very low.

And it with the utilities you're not getting much growth -- and then.

Nice dividends so you're an expert on these things -- covering everything from the economy to sectors to individual stocks.

It people's sense of what the best perhaps the safest -- -- to invest right now today because again we're coming up this horrible disaster and hurricane.

Days before presidential election so much uncertainty with the fiscal cliff and whatnot it goes on in on in just -- you mentioned so many things that we have to keep our mind on.

But need parents we love dividends because it's money you can put your pocket and take home.

And so we look at stocks that pay dividends would look at funds that pay dividends and we liked it.

Establish healthy companies and companies that are growing and companies that.

Have good potential but sell at a reasonable valuations and market learn Rivlin thank you so much thank you chairman sir thank thank you and we -- -- -- --

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