Millionaires Turn Pessimistic About Investing
This months Spectrem Groups Millionaire Investor Confidence Index–which measures the investment outlook for those with $1 million or more in investible assets–fell 11 points to levels last seen in June 2009. It was the biggest decline in more than a year and by Spectrems measures, that means millionaires are back in “mildly bearish” territory.
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