Early signs of economic recovery could come during the next six months, according to a Charles Schwab survey of more than 1,200 independent financial advisers.
Sixty-seven percent said they are hopeful that the country will be more united by the fall and most believed the nation's leaders will put the U.S. on firmer footing. Sixty-eight percent said consumers will increase their savings and 53% expect the S&P to rise during the first half of the year.
Even though the financial advisers surveyed are optimistic about some things, most are not as encouraged with other areas. Ninety-two percent said they believe unemployment will continue to rise and 69% expect the housing market to continue to soften.
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