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Investors believe it’s time to get very conservative in the stock market, CNBC survey shows

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A trader works on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Sept. 20, 2021.

Michael Nagle | Bloomberg | Getty Images

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Wall Street investors believe it’s time to take some risk off the table as concerns continue to pile up this month, according to a new CNBC Delivering Alpha survey. 

We polled about 400 chief investment officers, equity strategists, portfolio managers and CNBC contributors who manage money about where they stood on the markets for the rest of 2021 and next year. The survey was conducted this week.

More than three quarters of the respondents said now is a time to be very conservative in the stock market when asked what kind of market risk they are willing to accept for themselves and their clients.

A confluence of uncertainties have emerged in the market, threatening to derail stocks’ record-setting recovery…

Click here for full article…www.cnbc.com