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An economic recovery - Outlook improves as investments recover value

Slowly increasing stock market paves way for optimism among millionaires. Is there an economic recovery underway?

April 2010

The Overall Household Outlook rose to 10.7 in March from 8.0 in February. This is a significant improvement from January when the Outlook was only at 2.2.

Is an economic recovery driving this somewhat cheery outcome? Household Assets rose significantly this month from 12.4 to 20.8. This was especially true for Millionaires whose attitude scored a 31.3.

Attitudes regarding Company Health also increased in March rising from 7.2 to 10.4.

Other components weren’t quite as positive. Household Income remained constant at 6.4. The Outlook regarding the Economy actually dropped from 6.0 to 5.2.

Perhaps the slowly increasing stock market is causing the optimism felt by Millionaires. Hopefully this attitude (and the market) will remain consistently positive.
 

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