W&AM Insights: Economic sentiment strengthened substantially among HNW investors
ECONOMIC OUTLOOK – February 2019 Measurement
The W&AM Economic Optimism trend line improved among affluent households in February. The increase was subtle among the Mass Affluent; however optimism rebounded to 70% among HNW investors, representing a 10 percentage point increase from January.
INVESTING OUTLOOK – February 2019 Measurement
The W&AM Investment Optimism trend line was mostly consistent in February. Investment optimism improved 1 percentage point to 30% among HNW households and held steady at 31% among the Mass Affluent.
The Fed’s announcement to be more patient in raising interest rates left investors with a sense of more optimism regarding the economic outlook. Likewise, more positive rhetoric coming from Washington concerning trade negotiations with China added to the improved sentiment.Back to learn