CHICAGO, December 1, 2017 – With prospects for significant U.S. tax reform increasing, economic growth accelerating and stock markets continuing to climb, Millionaire investors may be adjusting their strategies in anticipation of an eventual course correction, Spectrem Group reported today in its High Net Worth Insights newsletter. The Spectrem Millionaire Investor Confidence Index (SMICI®) declined four points in November to 11, the second consecutive month in which this has occurred. While less optimistic overall, non-Millionaire confidence rose slightly in November, represented by a one point increase to 7 in the Spectrem Affluent Investor Confidence Index (SAICI®).
Index range: -31 to -51, Bearish; -11 to -30, Mildly Bearish; 10 to -10, Neutral; 11 to 30, Mildly Bullish; 31 to 51, Bullish.
About Spectrem Group: Spectrem Group (www.spectrem.com) strategically analyzes its ongoing primary research with investors to assist financial providers and advisors in understanding the Voice of the Investor.