ECM round up: Number of the month: 73.4

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ECM round up: Number of the month: 73.4

73.4

The February level of State Street’s monthly Investor Confidence Index. It is the lowest since the index’s launch in September 2003 and a 3.6 percentage point fall from January. The fall, the third in a row, is attributed to US investors reducing exposure to equities. It seems they are not quite as optimistic as new Fed chairman Ben Bernanke.

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