More than half of Belgian investors worried about living standard
Belgian investors are worried about the economic outlook in the short term, and are looking for guidance in a context of rising inflation, tightening monetary policy and an uncertain economic and geopolitical situation. This is evident from ING's latest investor survey.
Pessimism reigns: only 18 percent of investors think that the economic situation in Belgium will improve in the coming months. In addition, half of the respondents think that the Belgian stock market will weaken further in the coming months. As a result, more than half (53%) are worried about their standard of living.
Philippe Ledent, expert economist at ING Belgium, is not really surprised. "Admittedly, with the pandemic, the war in Ukraine, the rapid deterioration of the economic climate and extremely high inflation, there were plenty of reasons for concern," he says in a press release.
There is one bright spot: the longer term. There are more investors who think they will be better off financially in ten years' time (37%) than those who think the opposite (23%).
© BELGA PHOTO SISKA GREMMELPREZ