CHICAGO (HedgeWorld.com)–Spectrem Group announced that its Affluent Investor Index, which measures the investment outlook of households with US$500,000 or more in investable assets, rose slightly in November, although it remains in neutral territory.
Meanwhile, the more exclusive Spectrem Millionaire Index remained on the bullish side in November, at a level identical to October’s, after September’s dip into neutral territory.
“The conclusion of the 2004 presidential election cycle appears to have eliminated significant uncertainty in the minds of affluent investors,” said George H. Walper Jr., president of Spectrem Group, in a statement. “Whether purely political in nature or driven by expectations about the economy’s direction, this is clearly being viewed by these investors as a positive.”
The Spectrem Group is a strategic consulting firm specializing in the affluent and retirement markets .