Not only are the consumers confident but investors are too in this State street index.
The index measures risk appetite by analysing the buying and selling patterns if institutional investors.
The index is actually a global read and for the US the index rose to 113.6 from 92.1 prior. As we’ve seen in the funds flows, Europe is the place to invest as their index rose to 112.6 from 107.5. Going against the grain, though granted the moves are recent, the Asia index was also up to 103.5 from 97.7.
Not a big data point by any means but another little piece of the jigsaw. Full release here.
