View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
March 5, 2009

Millionaires’ confidence plunges

By Spear's

An index which measures the confidence of US millionaires, the Spectrem Millionaire Investor Index, has fallen its second-lowest level ever.

An index which measures the confidence of US millionaires, the Spectrem Millionaire Investor Index, has fallen its second-lowest level ever.

The index’s 13 points decline to -33, the third-largest fall since its February 2004 inception, returns the millionaire index to bearish territory, which it previously reached in November 2008 when it set its all-time low of -39.

Meanwhile, the Spectrem Affluent Investor Index, which measures the investment outlook of households with $500,000 or more in investable assets, fell 10 points in January to -38, which is also very much at the bearish end. The affluent index’s record low of -39, identical to the millionaire index’s, was set in November 2008.

For further stories, visit thewealthnet
 

Content from our partners
Spies and secret ops: How espionage has inspired London’s most exciting hotel
High-flyers: TAG Aviation explains that it's not about the destination, it's about the journey
Finding a purpose for family wealth during uncertainty 

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network