Monday, August 28, 2006

'Investor Optimisim Reaches Low for 2006'

That's the headline of this AP article.

Investor optimism hit a new low for the year during August, according to a survey of 802 investors by UBS and Gallup. Rising prices for energy and falling prices for real estate were two of investors' biggest concerns. As measured by the survey, investor optimism reached a height of 178 in January 2000, during the Internet bubble. The optimism index was 93 in January 2006 but dipped to 53 in August, a decline of 40 points.

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