A Bit More Confidence in Banks

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Given the collapse this autumn in affluent Americans’ confidence in banks, it’d be bad news if their opinion of that sector were still worsening. So, it must count as just modestly good news that their confidence in banks has instead improved — a little.

Since early September, Gallup has been asking people with $100,000-plus in investable assets to say how much confidence they have in U.S. banks. Early that month, a five-day rolling average of the findings showed respondents more likely to have “a great deal” or “quite a lot” of confidence in banks (as 41 percent did) than to have “very little” confidence (15 percent).

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