Global Investor Confidence Rose In August, Shrugs Off Delta Variant Worries

Editorial Staff

26 August 2021

Investors around the world increased risk appetite in August, shrugging off worries about the Delta variant of COVID, according to a measure of actual buying and selling behavior from Global ICI recorded its highest reading in more than three years,” Rajeev Bhargava, head of Investor Behavior Research, State Street Associates, said.

“The resurgence in risk appetite has been uniform across all regions globally, with North America up 5 points and Europe and Asia both gaining double digits relative to July’s readings. While the positive sentiment is certainly encouraging, it will be important to see if investors can maintain this level of enthusiasm for risk assets in the coming months should COVID infection rates continue to trend higher and the Fed messages a more hawkish stance.”