Question

A comprehensive study of wealthy families by private bank U.S. Trust found that only 40% of high net worth investors feel "bullishly optimistic" about the market. At the same time, 10% said they felt downright pessimistic and 12% described themselves as fearful of losing money

Jim Quinlan, Chief Market Strategist for U.S. Trust, says a lot of rich people continue to worry about regulation, Washington gridlock, and the lingering effects of the Federal Reserve's unprecedented stimulus program, which has propped up stocks and the housing market but hasn't done much for the rest of the economy.


"There's a lot of things keeping them from jumping in with both feet," Quinlan claims.. Quinlan says the rich may also be playing catch-up after sitting on the sidelines for the last few years. The study revealed that wealthy investors who currently hold more than 10% of their portfolio in cash were three times as likely to say they missed out on the market rally.

"These investors have been whipsawed. Five years ago their big nest egg was shrinking dramatically," he says. "Some of these folks may have been lagging behind, now they're coming back."

According to the extract, investors are bullishly optimistic. It means that:

a) Investors are talking the optimism with a grain of sand
b) Investors are not idly optimistic
c) Investors are likely to consider that optimism at this time would be just boastful
d) Investors believe that such optimism is prone to deception

Answer 1

letra a)inventors are talking the optimism with a grain of sand.