In June, advisors were more confident about longer-term prospects for the U.S. economy and the stock market, according to Rydex SGI AdvisorBenchmarking.

The Advisor Confidence Index, released last week, rose 3% to 104.29 in June. Three of four components in the index improved last month. The six-month economic outlook rose 5.37%; the 12-month outlook increased 2%; and the stock market outlook rose 6.41%. The current economic outlook, however, dropped 1.12%.

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