CHICAGO, August 1, 2017 – Spectrem Group’s Millionaire Investor Confidence Index (SMICI®) rose for the second consecutive month in July, as wealthy investors remain optimistic despite ongoing political uncertainty in Washington. Spectrem reported today in its High Net Worth Insights newsletter that the SMICI gained six points, now standing in mildly bullish territory at 12. The Spectrem Affluent Investor Confidence Index (SAICI®) also increased in July, rising four points to 6. It is the first increase in the SAICI since April of this year.
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.