Risky asset appetite returns in January

After a record low in December, State Street says global confidence climbed more than 12 points to 60.3 in January with European confidence also up seven points. However, it says the rebound in confidence in North America was the most striking change, with a jump of more than 20 points to 51. According to State Street, recent policy actions in the US may have calmed investor fears. "The move up in global investor confidence this month is the largest we have seen since August 2007," says Harvard University professor Ken Froot. "This is perhaps not surprising, with the Index having regi...