Investors identify the federal budget deficit (71%) and unemployment (71%) as the top two factors hurting the investment climate in the United States. Despite these concerns, the Wells Fargo-Gallup Investor and Retirement Optimism Index finds investor optimism in February up sharply compared with two years ago.
WASHINGTON -- Billionaire investor Warren Buffett is not a big fan of the automatic federal budget cuts that kicked in Friday, but he said they help reduce the deficit and shouldn't hurt the economy too much. Read Post
What scares investors the most? More than unemployment, oil prices, the housing market, tight credit, or the euro zone crisis, investors believe that a politically divided federal government could hurt the US investment climate, acc... Read Post
SAN FRANCISCO (TheStreet) -- Investors have good reason to be worried about the federal deficit but should also be wary of the stock market's rapid rise, a top Wells Fargo (WFC _ ) executive said on Wednesday. David Carroll, senior ... Read Post