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In a financial sales job interview, how would you answer the question: What do you think of the market?

I am a recent college grad (BA in Communications) and I am looking to get into financial sales. In recent interviews, I've felt like I did well and even impressed them a little but I always stubble on the "What do you think of the market" question. I usually go on about the SEC and lack of regulations, but when I mentioned this to one of my recruiters today, she suggests I focus more on the investment side of the question. Anyway, I'm at a loss here... any advice?

Asked By: Louise A - 2/4/2009
Best Answer - Chosen by Asker
The hardest time to buy is when things seem bleak. For sales - you have to impress that your outlook is positive for the market; if you are selling financial products it is the only way you can be - and the current situation (as difficult as it is) is an OPPORTUNITY. A buyer's market. Long term focus.
Answered By: pepper - 2/4/2009
Additional Answers (4)
I would agree with your recruiter and probably answer it along the line of I noticed light sweet crude has dropped again and I see that some technology stocks are coming back but still very unstable. This way here your showing that your not in the dark when it comes to the market and that you have hope in are economy... More
Answered By: duane l - 2/4/2009
 
See the positive, imagine you had a million to invest, this is a great time to invest, but not short term but long term. Even real estate is a great opportunity, it's going to require more research, forward thinking, and patience.
Answered By: Chonged in SoCal - 2/4/2009
 
Here is how I would answer: (I have decades sales experience... More
Answered By: Gem - 2/4/2009
 
As someone with many years in the business, I think you should stress a positive attitude (as someone has stated) but also that regulation will breed more confidence in the market and that will yield better sales opportunities. I am curious what your recruiter thinks of that strategy
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Answered By: Xknows - 2/5/2009
 
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