Investor Optimism Holds Steady Amid Market Volatility in First Quarter, According to Wells Fargo

Wells Fargo press release ------- The Wells Fargo/Gallup Investor and Retirement Optimism Index remains at a 17-year high, with the index at +139 in the first quarter. This is essentially unchanged from the past two quarters, but up from +126 a year ago. The last time the index exceeded the current level was in September 2000, when it was +147. Investors remain solidly optimistic on three economic aspects — economic growth, stock market performance and unemployment. Sixty percent of investors say they are at least somewhat optimistic about the 12-month outlook for these economic aspects, and fewer than a quarter are at least somewhat pessimistic. Investors are less optimistic about inflation than the other factors, with 40 percent at least somewhat optimistic and 34 percent at least somewhat pessimistic. To learn more click on the picture below to read the release.