
Is a crash in the US stock market imminent? Allianz survey: More than half of Americans are already in panic

According to a survey by Allianz Life, 51% of Americans expect another major market crash, up from 46% in the fourth quarter of 2024. The survey shows that respondents' satisfaction with market conditions has dropped to 26%, and they express concerns about the impact of inflation and new tariffs. Recently, U.S. stocks have pulled back, with the S&P 500 Index down about 3% and the NASDAQ Composite Index down 7%
According to the Zhitong Finance APP, a new survey shows that Americans are concerned about the impact of rising consumer prices and tariffs, and expect their stock portfolios to suffer significant losses in a massive sell-off. According to the first-quarter research report released by Allianz Life this week, 51% of respondents expect "another major market crash is imminent," up from 46% in the fourth quarter of 2024. The online survey conducted in February also revealed that only 26% of respondents feel "satisfied" with the current market conditions and are ready to invest, down from 31% in the previous quarter.
Earlier this month, U.S. stocks fell into a correction zone, heightening investors' concerns about further market declines. Since then, the U.S. stock market has rebounded from its lows, but the trade environment has remained turbulent, and Americans have been closely watching the Trump administration's tariff policy developments with trading partners.
The White House plans to announce a series of reciprocal tariffs on April 2.
75% of respondents expressed concern that new tariffs would lead to increased living costs. Meanwhile, 71% of respondents expect inflation to further intensify in the next 12 months, up from 60% in last year's fourth-quarter survey.
So far this year, the S&P 500 index has fallen about 3%, the NASDAQ Composite Index has dropped 7%, and the Dow Jones Industrial Average has decreased by 0.2%