Earlier this summer, I reported on two surveys (here and here) that showed a bounce back in the population of millionaires.
Since then, the stock market has floundered, the economy has slumped and overseas markets have drifted sideways. And yet….America’s millionaire-manufacturing sector continues to outperform the rest of the economy.
According to a new survey from Phoenix Marketing International’s Affluent Market Practice, the number of American households with investible assets of $1 million or more rose 8% in the 12 months ended in June. The survey says there now are 5.55 million U.S. households with investible assets of $1 million or more. To read more, please follow this link.
