BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Millionaires have lost their optimism about the economy]]>http://www.bloggingstocks.com/2009/07/02/millionaires-have-lost-their-optimism-about-the-economy/http://www.bloggingstocks.com/2009/07/02/millionaires-have-lost-their-optimism-about-the-economy/http://www.bloggingstocks.com/2009/07/02/millionaires-have-lost-their-optimism-about-the-economy/#commentsFiled under: , ,

Is there an index that measures millionaires' sentiment and whether they are optimistic or pessimistic? The answer is yes. It is called the Spectrem Millionaire Investor Index.

The next question naturally is: "So what are the millionaires thinking about the economy?" The news is not good. The index fell 18 points to a -20 in June, a record decline since the index was created in 2004. Plus the index fell 17 points in May. A range of -11 to -30 indicates a slightly bearish sentiment. It's likely that millionaires underwent a reality check after a bout of over optimism in May.

Continue reading Millionaires have lost their optimism about the economy

Millionaires have lost their optimism about the economy originally appeared on BloggingStocks on Thu, 02 Jul 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsmarket sentimentmillionaire indexSpectremThu, 02 Jul 2009 09:30:00 EST