(Bloomberg) -- Most U.S. consumers who own stocks expect
continued gains in share prices in the year ahead, a University
of Michigan survey showed Friday.
Among those who own shares, 62.3 percent said they see shares
extending gains during the year ahead, up from 61 percent in the
second quarter and near the peak of 63.5 percent in the first
three months of 2018, according to the report.
The survey showed that the proportion of households that own
stocks remained stable at 65 in the third quarter, which was
unchanged from the first two quarters of this year and up from
64 percent last year and 63 percent in 2016.
