(The Technical Analyst) Global investor confidence underwent “a warp-speed deterioration” in January, according to Kenneth Froot at State Street Associates. The State Street Global Investor Confidence Index (ICI) decreased to 70.2, down 9.4 points from December’s revised reading of 79.6. Confidence deteriorated in all the regions covered separately by their own Investor Confidence Index; North America (by 7.7 points decrease to 66.8), Europe (by 2.6 points to 90.3) and Asia (by 10.3 points to 100.2).
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