After falling nine percentage points in July, the Rydex Advisor Confidence Index regained that territory in August to end at 104.5, where it had stood in June, according to Rydex/SGI AdvisorBenchmarking.

Since September 2008, when the index fell to 79, the index has been steadily climbing, by a total of 25.05 points, from a “negative” outlook to “neutral.” To reflect a positive outlook, however, it would have to gain another 29.28 points to reach 133.33.

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