US investor confidence reaches all-time low

The drop was a drag on overall global investor confidence figures down 9.9 points to 65.9 from last month’s 75.8, according to investment research and trading firm State Street Global Markets. However, on the other side of the pond, European investor appetite improved from 83.9 to 85.0 although the confidence of Asian investors fell from 86.6 to 85.8. The State Street Investor Confidence Index measures investor confidence on a quantitative basis by analyzing the actual buying and selling patterns of institutional investors. The index is based on financial theory that assigns precise m...