Sentiment toward the Irish economy is at a four-year high with 91 per cent of investors confident about the outlook over the next three months, a new survey showed.
This was up from 82 per cent at the end of June and an all-time low of 10 per cent recorded in the RaboDirect Investor Barometer in 2010.
In contrast, optimism about the global economy dropped significantly, falling to 76 per cent from 85 per cent.
Most investors remain favourably disposed to the stock market with 63 per cent saying they think there is value to be found in stocks, down slightly from 66 per cent in June.
Asked about their preferred asset class, 50 per cent indicated a preference for equities with 25 per cent opting for cash, 10 per cent for bonds and 15 per cent for property.