Kellogg News

Ben Bernanke speaks to a full house on banks, bailouts, and moving forward

Kellogg team granted a rare glimpse of the Army’s National Training Center

Results produce cross-disciplinary perspectives on the nature and understanding of trust

A tech entrepreneur expands on his innovation center to make resources available in economically challenged regions

News & Events

Financial Trust Index

Anger at the state of the economy reaches its highest level in nearly three years, new report finds


1/26/2012 - The latest issue of the Chicago Booth/Kellogg School Financial Trust Index finds that only 23 percent of Americans say they trust the country’s financial system. And, trust in banks continues to slide downward.

Financial Trust Indes: Anger at the state of the economy reaches its highest level in nearly three years, new report finds
Wave 13 Results
The December 2011 Financial Trust Index shows a drop in trust of banks, while trust in mutual funds and large corporations rose slightly.
Also, 62 percent of people surveyed described themselves as angry or very angry about the current economic situation. “This is the highest level of anger we’ve measured since March 2009,” said co-author Paola Sapienza, the Merrill Lynch Capital Markets Research Professor of Finance at the Kellogg School. “In an election year, this certainly indicates the importance of the economy to the political agenda.”

The Chicago Booth/Kellogg School Financial Trust Index measures public opinion over three-month periods to track changes in attitude. Today’s report is the 13th quarterly update and is based on a survey conducted in December 2011.

Visit the Chicago Booth/Kellogg School Financial Trust Index to read the full report.