Spectrem Millionaire Investor Confidence Index Rebounds to 5-Month High in May

(firmenpresse) - CHICAGO, IL -- (Marketwired) -- 05/26/15 -- Affluent investors' growing confidence in the economy and their personal financial situations drove a five-point gain in the May Spectrem Millionaire Investor Confidence Index (SMICI®) to 15. The Spectrem Affluent Investor Confidence Index (SAICI®) gained 4 points to 8.
The indices, compiled by Spectrem Group, a market research and consulting firm specializing in the affluent and retirement markets, measure the investment confidence and outlook of the 16MM households in America with more than $500,000 of investable assets (SAICI), and those with $1MM or more (SMICI).
Factors driving shifts in the Index include:
The economy added 223,000 jobs in April, a substantial improvement over the previous month.
The 5.4 percent unemployment rate is the lowest since May 2008.
Claims for unemployment benefits fell to a 15-year low on April 30.
Non-Millionaire confidence in the economy is at a three-month high.
"Despite three consecutive months in which an increasing number of affluent investors indicated they would stay on the sidelines, the May Spectrem indices reflect a growing confidence in the economy and optimism about investors' own financial situations, particularly their household income and household assets," said George Walper, Jr., president of Spectrem Group.
Charts, deeper analysis of the Index and methodology are available upon request. Additional insights include:
-31 to -51, Bearish; -11 to -30, Mildly Bearish; 10 to -10, Neutral; 11 to 30, Mildly Bullish; 31 to 51, Bullish.
Spectrem Group () strategically analyzes its ongoing primary research with investors to assist financial providers and advisors in understanding the Voice of the Investor.
Spectrem's Millionaire Corner website () provides information for investors about investors. With its Best Financial Advisors service, investors are able to search for financial and investment advisors to assist in growing their wealth.
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Bereitgestellt von Benutzer: Marketwired
Datum: 26.05.2015 - 12:00 Uhr
Sprache: Deutsch
News-ID 395647
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CHICAGO, IL
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Investment Services & Trading
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