Hope And Change: You’d never guess this from the end-of-the-world treatment President Trump gets in the mainstream press, but his election has unleashed a wave of optimism about the economy we haven’t seen in more than a decade. This is huge news that has big implications about economic growth.
The latest business leaders’ survey from JPMorgan Chase finds a dramatic increase in optimism among the 1,400 middle-market executives polled. It found that 80% of these executives are optimistic about the economy, which is nearly double the share expressing optimism just one year ago. And it’s the highest level since this survey began seven years ago.
These executives, the survey found, “expect improved performance in the global, national and local economies, as well as their own businesses.”
It’s the economy, friends. Yayyyyyy.