Advisers’ confidence in the economy and the stock market improved for the second consecutive month in December, according to Rydex AdvisorBenchmarking’s Advisor Confidence Index.
The index rose 2% in December to 83.57, from 82.46 in November.
Three of the four economic outlook components measured by the index improved: the current economic outlook by 3.78%, the six-month economic outlook by 0.82%, and the stock market outlook by 4.73%.
The sole declining component, the 12-month economic outlook, fell 3.17%.
The survey was produced by Rydex AdvisorBenchmarking, the research affiliate of Rydex Investments of Rockville, Md., which focuses on the registered investment adviser market and surveys 150 advisers each month.
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