Charles Schwab Clients Betting Big on Three Asset Groups for Q3 As Goldman Sachs Unveils ‘Ultimate FOMO’ Trade

by shayaan

Clients at the brokerage giant Charles Schwab believe the next three months will be bullish for the stock market.

In the firm’s Q3 2025 Trader Client Sentiment Report, Charles Schwab reveals that 57% of its clients are bullish in the stock market for this quarter, with only 29% having a bearish bias.

The survey also shows that 53% of respondents plan to invest in individual stocks this quarter, as 42% say they intend to add more funds to their portfolio. Only 19% plan to take money out of their investment account.

As Charles Schwab traders express their market sentiment over the next few months, 62% say they are most bullish on artificial intelligence (AI) stocks, 56% say growth stocks are their top pick and 55% say they see the most upside potential in domestic stocks.

Meanwhile, 55% say they are bullish on the equities market in general.

Source: Charles Schwab

The survey results come as banking giant Goldman Sachs unveils a trade it says could spark an investor stampede driven by fear of missing out (FOMO). In a new podcast episode, Kunal Shah, the co-CEO of Goldman Sachs International, says that a Fed rate cut will negatively impact the value of the US dollar and trigger rallies in European stocks, fueled by cheap dollars and a rising euro.

4:50 “I think from here. One of the key drivers beyond the long-term capital allocation theme is really just relative monetary policy. We’re at the point now where the ECB (European Central Bank) may be done [cutting rates], at least for now. But there is pressure on the Fed to cut. 

Now you need to figure out when they are getting a green light from a data perspective, but there is definitely room there for further easing in the front end of the US curve, and that can catalyze another move higher in the euro.

And when the euro is rallying, it is the ultimate FOMO trade that I think people now are going to have to re-risk into.”

 

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