Steve Higgins Steve Higgins has been a journalist for more than 25 years and has extensive experience covering business, the economy and personal finance. He spent 12 years as a business reporter for daily newspapers in Arizona, Florida, Georgia, and Connecticut, followed by 12 years as an editor, most recently as business editor of the New Haven Register in Connecticut. read more ...
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Advisors Show Increasing Confidence In U.S. Economy And Markets As New Year Gets Under Way |
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Wednesday, February 01, 2012 01:08
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Tags: Economic Outlook | stocks | U.S. economy | world economy The Advisor Confidence Index rose slightly in January to 102.5, up from 99.31 in December.
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The monthly benchmark survey from Rydex SGI gauges the views of 150 independent registered investment advisors over the next 12 months.
While confidence in the markets rose, confidence in the world economy fell, with that component dropping from 104.17 to 100. Several respondents cited the European debt crisis as a likely drag on global economic recovery.
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