The State Street Investor Confidence Index increased slightly, from 88.1 to 89.9 in September, and The Conference Board Consumer Confidence Index, which had declined sharply in August, remained essentially unchanged during the month at a 45.2 reading.
The State Street index declined slightly in North America to 85.1, down from 86.1. The gains in the global index were driven by improved investor outlook in Europe and Asian, with the European Investor Confidence Index gaining 5.6 points to reach 95.7, and the Asian Investor Confidence Index rising 5.5 points to 100.7. A reading of 100 indicates that institutional investors are neither increasing nor decreasing their allocations to risky assets.
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