What are traders thinking?？

22.0% of traders surveyed are most worried about the risk of a domestic recession。Europe is considered the most likely region for a recession, and China's weak recovery is not conducive to a recession。

However, only 13% of traders listed inflation as their number one risk and only 8% listed geopolitical conflict as their top concern.。Other areas of concern include interest rate levels, tax increases and national debt。

In terms of the most popular assets, retail traders are the most bullish on the U.S. stock market, with nearly a quarter seeing the best prospects for the U.S. stock market。18% chose the European market, 14% think emerging markets have the best prospects。Another 11% of traders specifically chose China。

Trader's Reverse Thinking

Hang Seng Index down 12 so far this year.30%, while the Shanghai Composite has barely seen a positive number so far in 2023, which is a contrarian trading idea。

In the rest of Asia, only 5% of traders believe that Japan has the best market prospects, and although the world's third-largest economy beats the UK and Australia, only 4% of traders choose these two markets as their first choice。

About 15% of traders expect to trade information technology stocks as a priority in the fourth quarter of 2023, with 11% choosing financial stocks as their preferred sector in the second half of the year.。

The S & P 500 financial sector is down 2 so far this year..90%, in sharp contrast to Europe, where the banking and insurance sectors are up 14% each in 2023..70% and 10.80%。

Other areas of focus for traders include the healthcare, utilities, energy and real estate sectors, all with turnout of 9.0%。

How about alternative assets？

When it comes to alternative assets, cryptocurrencies are at the top of traders "choices, with 15% of traders saying they will increase their investments in digital assets in the fourth quarter of 2023.。

Cryptocurrencies have pushed cash into second place, with only 13% of traders saying they will increase the weight of cash at the end of the year.。

9.0% of traders said they would increase their investment in commodities, 7.0% of traders chose domestic bonds and another 6.0% of traders chose currency and forex。

More and more retail investors

eToro found that the number of retail investors continues to grow, and the convenience and lower cost of investment are the main drivers, and young people are also turning to independent investment.。

Nearly a quarter of traders surveyed by eToro have only started investing in the past two years, a group dominated by clients and women from Eastern Europe.。According to the data, the number of female retail investors has grown by 28 in the past two years..0%, while the number of male investors increased by 20.0%。

Female investors are more likely to take a passive approach to market investing, while male investors are more likely to actively pick stocks, and such data can help confirm or deny trends and patterns of investor behavior。