A new survey from
Meanwhile, the firm’s Millionaire Investor Confidence Index fell 5 points to a 3 score, the largest one-month decline in almost a year.
“Affluent investors continued in May to remain on the sidelines,”
The Millionaire Investor Confidence Index recorded scores of 10 and 8 in March and April, respectively.
In April, the Dow Jones Industrial Average managed to squeak out a tiny 1.59-point gain for the month after soaring up 8.1% in the first quarter.
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