Despite the continued signs of sluggishness in the economy, America's millionaires are more optimistic about our financial future than they've been in years. That's the upshot of a new poll out from Fidelity Investments, which surveyed 1,000 households with more than $1 million in investable assets. The respondents gave the "future of the financial environment" the highest rating it's had since the creation of this particular survey, back in 2006.
The biggest factors fueling that optimism are a positive outlook on business spending and confidence in consumer spending. Both of those factors got a higher reading in 2012 than they had previously in the entire history of the survey.
While they're bullish on the future, the millionaires had a very different opinion about the state of the economy as it stands now. The "current financial environment" got a sharply negative score, with the key factors being a lack of confidence in real estate and the overall economy, as well as a lack of business spending. You'll recall that business spending was one of the factors that made the long-term picture so bright; apparently the respondents expect that to increase greatly in the coming years.
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