 Investor Confidence levels of all households, including Millionaires, dropped dramatically in August to some of the lowest ratings in more than a year. The Spectrem Affluent Investor Confidence Index (the SAICI) fell from -16 in July to -20 in August. The Spectrem Millionaire Investor Confidence Index (the SMICI) fell from -7 to -18. This is especially troubling because Millionaires are generally more confident about the economy than non-Millionaires. |
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Read more... [Investor Confidence Drops Dramatically]
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18pts Spectrem Millionaire Investor Index (SMII)®
Millionaires had their largest drop ever, plummeting 18 from –2 to –20.
8pts Spectrem Affluent Investor Index (SAII)®
The Affluent lost 8 pts, falling from –12 to –20.
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Read more... [Reality Check for Millionaires]
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17pts Spectrem Millionaire Investor Index (SMII)®
Millionaires were less enthusiastic than their affluent counterparts, rising 17 from –19 to –2.
9pts Spectrem Affluent Investor Index (SAII)®
The Affluent had their largest jump in a year shooting up 9 from –21 to –12.
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Read more... [Record Increase!]
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7pts Spectrem Millionaire Investor Index (SMII)®
Millionaires rose a solid 7 from –26 to –19, reflecting an easing of economic concerns
9pts Spectrem Affluent Investor Index (SAII)®
The Affluent follow suit with an increase from –30 to -21,also reacting to a quieter economic month.
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Read more... [Indices move up for the second month in a row as comfort with economy]
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8pts Spectrem Millionaire Investor Index (SMII)®
Millionaires rose a solid 8 from –34 to –26, reflecting growing economic concerns.
8pts Spectrem Affluent Investor Index (SAII)®
The Affluent follow suit with an increase from –38 to -30,also showing concern about the economy.
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Read more... [Indices move up as economy]
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