High gas prices, failure of the government to control the federal deficit, and persistently high unemployment has soured the attitude of workers toward investing, a poll released Thursday says.
The poll conducted by Gallup for Wells Fargo & Co. shows investor optimism slid from February to May.
The investor optimism index measured by the poll fell to 33 in May from 42 in February. The index hit its all-time low of negative 64 in February 2009 as the stock market was hitting its bottom.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
