Gallup: Investor Optimism Peaked in May

June 22nd, 2013
in econ_news, syndication

Econintersect:  There is a classic saying in investor circles to the effect that markets don't go down until a maximum number of people have been enticed into stocks.  That may not fully apply to markets in 2013 since stocks have not been highly popular since the the 2008 crash, but the high volatility in June followed a post crash high in investor optimism according to the Wells Fargo/Gallup Investor and Retirement Optimism Index.

Click on graph for larger image.

Follow up:

What is concerning investors?  The biggest factors are political:  the top two, and five of the top seven concerns are political, as shown in the following table.


Over the past two years the concern about Washington gridlock has risen by more than 40% while concern about unemployment and the Federal budget deficit have declined.


Even though the May confidence level was the highest in more than five years it was lower than all but one reading since the mid-late 1990s.  This is reflective of the observation that the stock market rally from the March 2009 low was one of the most-hated in history.


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2015 Econintersect LLC - all rights reserved