U.S. Investor Optimism Declines as a Majority of U.S. Investors Fear Spending Slowdown Now, and Recession in 2013, If “Fiscal Cliff” Issues Aren’t Resolved
Three in four investors say the presidential and congressional elections of 2012 will impact their net worth, and 69% rate a “politically divided federal government” as the top factor affecting the investing climate.
More than three quarters of investors say retirees need to “reinvent themselves” when looking for work in retirement; a majority say job prospects for retired Americans are “getting worse,” according to Wells Fargo/Gallup Poll.

CHARLOTTE — August 1, 2012