It’s the Trump effect!
The market is roaring and he hasn’t even taken the oath of office yet!
We’re hitting HIGHS that have not happened in over a hundred years!
Consumer confidence is SOARING.
People are watching the transition team, and so far, they like what they see.
Donald Trump’s America First plan is beginning to take shape, and according to a new poll, Americans feel more HOPEFUL than they have in decades!
On the surface, the message from the University of Michigan’s final reading of consumer sentiment for November is that President-elect Donald Trump will fix what ails the nation — fast.
The consumer expectations index of the survey rose by 8.4 points from October to 85.2 — a one-month gain last exceeded in the December 2011 — a testament to households’ optimistic view on the outlook for the U.S. economy and their own pocketbooks. And ‘optimistic’ might be an understatement.
According to the latest report, in some cases, Americans are the most hopeful they have been in more than a decade. For the first time since 2006, 37 percent of households said they expect their personal finances to improve in 2017. Also hitting decade highs: real income expectations, as wage growth continues to gain strength in a broadening swath of the economy.
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