Wealth and Affluent Monitor Insights: Economic outlook declines sharply in May, especially among Mass Affluent

Our June Wealth and Affluent Monitor shows the gloomy outlook on the U.S. economy appeared to have more impact on HNW investors than
their Mass Affluent counterparts. The W&AM Investment Optimism trend line continued
declined by 6 points among HNW households, but advanced by 3 points among Mass Affluent.

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