W&AM Insights: Economic Optimism Continued to Climb in June
ECONOMIC OUTLOOK – June 2018 Measurement
Reversing a negative trend earlier in 2018, the W&AM Economic Optimism trend line advanced strongly in June among affluent and HNW investors (gaining 3 points to 72% among Mass Affluent, and 9 points to 83% among HNW).
INVESTING OUTLOOK – June 2018 Measurement
Investment optimism remained muted in June. Following a 3-period decline, the W&AM Investment Optimism trend line moved up slightly among Mass Affluent (four points to 35%), but moved down slightly among HNW investors (3 points to 30%).
The Economic and Investment Optimism trend lines do not always move in sync, and the June reading is a good example. Affluent investors appear to be hedging their bets that the historic Bull market is in a late stage, despite the rosy economic picture.