Despite an increase in affluent investor confidence, millionaires are “uneasy” about the economy.
Spectrem Group’s Affluent Investor Confidence Index rose three points to negative-10 in February, returning to neutral territory for the first time since November. The index, which measures the investment outlook of households with $500,000 or more in investable assets, increase follows a two-point advance in January and brings the index to neutral from mildly bearish for only the second time since February 2008.
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