Six of seven investment preferences fell this month, pointing to a general malaise about investing.

Not Investing fell slightly, meaning a small number have returned to investing, mostly the Affluent rather than Millionaires. What these mixed signals are saying is that the market is unsettled and no one is sure what the future will bring. It is possible that the affluent are doing other things with their money like paying off debt, but wherever they are going, they have moved strongly away from Stocks, Stock Mutual Funds, Bond Mutual Funds, and Real Estate, all showing record lows for this month.

The affluent are not fooled by the recent uptick in the economy following the Fed cutting interest rates. They are holding off on traditional investments, and while some are doing a bit of investing, they are avoiding the traditional markets.

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