lnteractiveBrokers：2025年证券顾问洞察调查报告（英文版）

Advisors’ US market outlook is tepid, at best: 36% call themselves bears, while 31% are bulls. • Advisors are more upbeat in their global outlook: 38% are bullish and 11% say they are bears. • The dampened market enthusiasm is relatively recent: 62% of advisors report growing more bearish in recent months. • They’re bullish on their own prospects: 61% expect to grow this year. • Advisors’ top economic concerns? Tariffs and the impact of changing US policies. • Their clients worry about the