Investor confidence climbs in November
State Street Global Markets in Boston reports that the November index of investor confidence shows a 0.3 increase from October, rising to 83.2 from 82.9 last month.
The index, which measures investor confidence on a quantitative basis, analyzes the actual buying and selling patterns of institutional investors. One of the developers of the index, Ken Froot of Harvard University, said, "Moderating global growth expectations, Fed patience and a further easing of commodity prices have combined to leave investors with balanced perceptions of risk."
On a regional basis, the confidence of North American institutional investors fell from 93.2 to 92.5. Asian investor confidence rose to 99.7 from 95.2, and European investor confidence dropped to 89.1 from 95.5 recorded in October.
WBJ Web Partners
Most Recent
0 Comments