There's been a lot of renewed optimism about America's economy and stock markets going around lately. A new survey of financial advisors around the country shows that such bullishness is growing, even in recent weeks. In a survey that talked to more than 100 advisors, the majority of which manage more than $50 million in assets, around 90 percent said they expect the S&P 500 to show a positive gain on the year.
That number is up 18 percentage points from when a similar survey was conducted in mid-January. Part of that, of course, reflects the fact that the S&P 500 is already up 6.8 percent on the year, and would require a downturn to finish the year in negative territory. But part of it is also confidence surrounding the growing signs of strength of the economy.
In fact, the majority of advisors now think that the S&P isn't just headed for positive territory but for solid growth in 2012. Roughly 63 percent of those surveyed expect the index to gain 5 percent or more this year.
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