State Street Investor Confidence Index February 2022
/The State Street Investor Confidence Index is up 13.9 points in February 2022 to 103.9. January’s result was 90.0, with the increase led by a North American jump of 12.6 points and a rise in European confidence by 8.3 points. Asian confidence, however, decreased by 0.2 points.
“Investors’ sentiment improved sharply in February, with the index recording one of its biggest monthly gains since recovering from lows established in the early months of the pandemic,” commented Marvin Loh, senior macro strategist at State Street Global Markets.
“Falling COVID caseloads and relaxed restrictions drove the improving outlook even as the hawkish view for central banks continue in the face of upside inflation surprises. While the index’s movement back above 100 reflects a more constructive view on risk assets, this outlook will be tested in coming months with growing geopolitical concerns and widespread rate hikes across developed markets. This may be especially true in the case of Europe, which has the lowest reading amongst the three regions tracked.”
The index is released globally at 10 a.m. Eastern time in Boston on the last Wednesday of each month. More information on the State Street Investor Confidence Index is available at http://www.statestreet.com/ideas/investor-confidence-index.html.