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August 2007: Markets take a toll |
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As August’s Dow, S&P, and NASDAQ continued their rollercoaster gyrations, Spectrem’s Investment Preferences, which reflects affluent investor intentions in the near term, showed affluent investors continuing to stay away from the markets with Not Investing continuing to rise (5.4).
Though there was a slight rise in interest in Cash and Bond Mutual Funds, predictably, Real Estate was sharply down (-3.6) to its all-time index low, and Stocks also continued their drop to their all-time index low.
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