Not Investing fell as the affluent rushed back to the safety of Cash, in the face of what appears to be to beginning of an unofficial recession. Also down was Stocks and Real Estate (which at an new all-time low, only dropped 2.6, a depressed measure to begin with), Bond Mutual Funds saw a slight dip, while Bonds continued a slow rise, since November 2007.
Up, however slightly, was Stock Mutual Funds. Despite the Fed’s possibly too late three-quarter-point interest rate cut (the biggest reduction in 24 years) the Millionaires and Affluent are bracing for a recession that could be with us for a while, if the economy doesn’t quickly recover.
Investment Preferences 
