The Animal Spirits Index jumps in June
|Summary
Our Animal Spirits Index (ASI) jumped in June to 0.40 from 0.22 in May, notching its fourth consecutive month in positive territory. Four of the five components contributed positively on the month, indicating widespread optimism. Much like the broader recovery, the ASI's turnaround is the fastest in decades, with the index returning to positive territory after just 12 months. By comparison, the ASI took 75 months to turn positive after the Great Recession and 33 months from the 2001 recession.
Source: Wells Fargo Securities
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.