Investor optimism jumped in the first quarter of 2014, according to the latest Wells Fargo/Gallup Investor and Retirement Optimism Index. It rose to +37 in February from +25 in November 2013, fueled by a 35-point surge in optimism among retired investors.
Optimism among non-retired investors rose 3 points from November to February.
According to Wells Fargo, higher optimism among retirees stems from heightened confidence about matters affecting their personal finances. Retirees say they are more upbeat about their ability to maintain or increase their current income level over the next year, and they are also more optimistic about the stock market.
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