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Saturday, May 17, 2008

Even Millionaires Worry About this Economy

That appears to be the startling trend according to this story.

For the first time, millionaires tracked by Chicago’s Spectrem Group are more worried about the economy than the merely "affluent,” Spectrem said this week.

The Spectrem Millionaire Investor Index (SMII) fell in April to negative 14, a point lower than its lowest reading ever, a negative 13 set in March of this year.

The index has fallen a net 34 points since June of last year.

It's hard to say what this means but it certainly isn't a good sign for the economy.

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