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Investment Preferences Not Investing back up as the summer doldrums set in |
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The sharpest movement this month in Investment Preferences was the rise in Not Investing, from 34.5 to 43.8, showing the summer doldrums may be affecting affluent investing behavior. A slight rise in both Stock and Bond Mutual Funds, while everything else fell, shows an ambivalence on the part of affluent investors despite market indicators, like high unemployment numbers, still signaling a weak economy. Cash also fell slightly, after last month’s enthusiastic jump into Cash, again, demonstrating their investing ambivalence.
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