State Street investor confidence index at five-year high
The index level reflects the belief that the global economic recession will end faster that initially expected.
The global State Street Investor Confidence Index is up by 3.6 points to 119.4 in July from a revised level of 115.8 in June, with all regions registering a rise in index levels. This marks the highest level for the investor confidence index since mid-2004. The index level has come a long way since October 2008, when it reached a historic low of 82.1 points.
This month the investor confidence index in Asia was up by 1.9 points to 94.2, while it was up 6.7 points to 120.5 for North Am…
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