|Despite Worries Of Global Recession, Investor Confidence Improved In July|
|Thursday, August 02, 2012 04:24|
Despite global economic angst, State Street’s Global Markets Investor Confidence Index (ICI) improved in July. The index improved .7% to 94 from June’s reading of 93.3. Confidence in North America and Europe decreased slightly while confidence in Asia improved.
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ICI was created in a collaboration between Harvard professor Kenneth Froot and State Street’s Paul O’Connell.