Spectrem Confidence Indexes Decline

Confidence among millionaire investors fell in October, according to Spectrem Group.

The firm said last week the Spectrem Millionaire Investor Confidence Index fell 2 points in October, to minus-7, its first decline since June. Despite the drop, which followed a point increase in September, the index remains in neutral territory for a third straight month.

The Spectrem Affluent Investor Confidence Index, which tracks households with investable assets of at least $500,000, also fell 2 points, to minus-15.

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