Report: Only half of investors trust the financial media

Slightly more than half of all investors trust the media for information about the markets, according to a survey released Friday. That’s down from a year earlier.

Fifty-five percent reported that they trust the financial media in their decision-making process about investments, according to a survey for Natixis Investment Managers. Forty-one percent said that the financial media is not trustworthy.

And fewer than one-third of investors — 30 percent — say they would trust what they learn about investing over social media.

A year ago, the survey found that in the United States, 62 percent trusted the financial media at least somewhat, but only 10 percent completely trust the financial media. Globally, 57 percent of investors trusted the financial media at least somewhat.

The Global Survey of Individual Investors was conducted by CoreData Research in August 2018. The survey included 9,100 investors from 25 countries.

The results can be found here.