Political Climate Concerns Affluent Investors

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    Confidence among affluent investors was unchanged in March, says Spectrem Group. However, the report also indicated that while investors have increasing optimism about the U.S. economy, they also register growing concern over the state of the country’s political climate. The ‘Spectrem Affluent Investor Confidence Index’ (SAICI) edged downward one point to six, while the ‘Spectrem Millionaire Investor Confidence Index’ (SMICI) was unchanged at 10. Both indices were higher than in March 2016. When asked what they consider to be the most serious threat to achieving their household’s financial goals, 30 per cent of affluent investors cited the political climate. This is the highest percentage in the 13-year history of the indices.