Investor optimism is rising and it’s mainly owed to the improved outlook of retirees, according to a new survey.
The Wells Fargo/Gallup Investor and Retirement Optimism Index found that investor optimism rose 12 points in the first quarter of 2014, up to +37 in February from +25 in November 2013. The big jump is thanks to growing positivity among retirees who are feeling more confident about the future of their retirement income.
The index survey included interviews of 1,011 investors between the dates of February 6 and February 16 this year. For this survey, people considered investors are adults in households[…]