The Dow's performance in 2014 probably has something to do with it, but advisor optimism is at euphoric levels, with 96% either optimistic or excited about the year ahead.
Because the SEI Advisor Network survey of 463 advisors did not probe advisors' reasons, one can only speculate that the Dow Jones Industrial Average reaching an all-time high of just under 18,000 is part of the reason for the ebullience with which advisors are anticipating the new year.
But with nearly 85% expecting the markets to be as good or better in 2015 than in 2014, the question arises: Do you bring out the Château Lafite Rothschild, or might a Laurent-Perrier brut champagne be more appropriate?
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