Posted on 12/08/2016 9:39:52 PM PST by Mr. Mojo
Americans from all corners of the economy seem to be enjoying the conditions a lot more since the election of Donald Trump.
Nearly every measure of consumer, business, or executive confidence has gained in the month since the election according to Michelle Meyer, chief US economist at Bank of America Merrill Lynch.
"The data clearly show that consumers, investors, and business CEOs have all become more optimistic since the election," wrote Meyer in a note to clients on Thursday.
Everything from regional manufacturing indexes to consumer confidence surveys to investor sentiment have ticked up since November 8. The only survey that has slid is the ISM-adjusted Empire Manufacturing survey that measures confidence of New York state manufacturers.
"Bottom line: most business activity surveys point to greater confidence following the election," concluded Meyer.
The biggest confidence boost has come from consumers according to Meyer, with both the Conference Board and Investor's Business Daily (IBD) & TechnoMetrica Market Intelligence (TIPP) indexes hitting post-recession highs.
Investors and CEOs have seen jumps, but are still not overflowing with confidence according to the note.
"However, investor and CEO confidence are still subdued, with the former only modestly above its average since 2010 (52.9) and the latter much below (84.1)," wrote Meyer.
(Excerpt) Read more at aol.com ...
The Trump effect.
Yes!!!
Extraordinary Trump should be judged on future results
http://www.post-gazette.com/opinion/letters/2016/12/09/Extraordinary-Trump-should-be-judged-on-nbsp-future-results/stories/201612090082
A poor man never gave me a job. A poor man has worked at my side with a job that a millionair gave to him and I.
Rich men do not sit on a big pile of money, even the Saudis! They want to make more money and acquire businesses. To do this they take that pile of money and invest and sometimes win and sometimes lose that big pile of money. When they do this they gave me and that other poor man beside me a job. Rich men gave me jobs and the money to go to school and pursue any dream I wanted, see my tag line. Air Force excepted, damn it.
Accepted for flight school and then the slots were cut in half at the end of the Vietnam War. They cut by age and I was considered an old man at 26 years of age. I really wanted an F4 Phantom.
This is what bugs me about the libs and media whining that, gasp, Trump is hiring billionaires!
Like not hiring political hacks or checking off AA boxes is a crime.
Thank you for your Service kind Sir!
Sleep well. You ARE appreciated!
Trump has selected Ben Carson for Secretary of Housing and Urban Development. This is what I like about Trump. He selected the right man and the color of his skin was totally irrelevant.
It should also be noted that Dr. Carson could live a life of well deserved leisure. By accepting this appointment Dr. Carson is making a great sacrifice. Dr. Ben Carson is a very good man and Donald Trump is a very good judge of good men.
I was a “die for Cruz man” during the primaries. Trump has won me over by his selections for cabinet positions. I gladly admit I was wrong about Trump. The right Republican won the nomination and the presidency of the United States.
I did not serve. I was scheduled for a physical and if passed OCS and then flight school. They cut the slots in half before that was done. If I had of graduated just one semester earlier I would have probably had that F4 Phantom.
An amusing anecdote is as follows. We took two days of tests and those that passed were interviewed for possible acceptance to flight school. An Air Force fighter jock interviewed me. I thought I had given him all the right answers and did. He then asked me "what I wanted." I said "I want to fly F4s." Then he asked why I wanted to fly F4s. I hesitated and was just about to give him the biggest lie I could think of about god, duty and country. I decided to tell the truth. I said, "sir, I wanted something that runs like hell and goes boom." He laughed, that was the right answer.
With the corporate tax rate rolled back from 35% to 15% and eliminating a lot of unneeded business regulations, the prospect of DJIA 30,000 may not be so ridiculous after all. And it may show the way for the other G20 countries to do the same thing.
Ideas that sound preposterous up till now--like assembling the Apple iPhone in the USA--are no longer the case. And this it the tip of the iceberg: imagine a huge fraction of the 94 million now out of the work force coming back into the work force, as the Rust Belt stops being that. Even Left-leaning business titans like Warren Buffett will cheer on this change, because the value of companies owned by Berkshire Hathaway will soon skyrocket, starting with BNSF Railroad.
Fabulous and interesting story. You would’ve kicked @as I’m sure!
I’m actually a bit nervous about the coming American recovery. It’s going to be YUUUGGGE. People are hungry and pissed off about the last 8 years, and ready to go back to work. The economic boom we are about to see may surpass any other we’ve ever seen. And may lay to rest once and for all that Democrats have any ability to generate economic growth (doubtful, but I can hope can’t I)?
I am too. With so much winning, I expect the mediots to start harping on the homeless and unemployed and wage gaps, none of which they could find time to report during the last eight years, but which suddenly popped into existence the minute Trump won.
With so much winning comes much sore-losering. But then again, the bitter tears of libtards look like more winning to me.
Yeah - the guy who was gonna ruin it all has things cranking into high gear 5 weeks after being elected and 6 weeks before being sworn in -— Priceless!
Sigh. And the bugout continues. Wonder how many House seats NYS loses next time?
BTTT
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