If you were looking for a shot of good news, a Gallup poll released yesterday might be just what the doctor ordered — investor optimism is ticking upward.
Okay, before we get too giddy with that statement, let’s look at the facts. According to the study, while pessimism still rules, it rules less, if that makes sense.
Taking a look inside the numbers, we see that the Gallup Index of Investor Optimism experienced a significant hike in March, increasing 41 points to -23, up from -64 in February. That February figure was the lowest level in the Index’s 13 years.
While the news is not “great,” at least it’s moving in the right direction and that’s something you can begin to gauge with your clients, by asking them where they are on the optimism scale.