Measures of Economic Optimism Are Shooting Up All Over the Place After Trump's Win

[truth_seeker]

Measures of Economic Optimism Are Shooting Up All Over the Place After Trump's Win

A morning in America moment? 

by Luke Kawa

‎December‎ ‎15‎, ‎2016‎ ‎8‎:‎39‎ ‎AM

It feels like another 'Morning in America' moment — the animal spirits are just waking up.

Following the election, a number of indexes that track confidence have jumped, with respondents citing the potential for deregulation and tax cuts once President-elect Donald Trump takes office as the cause of their increased confidence.

Homebuilders are the latest segment of the economy to testify to this surge in optimism.

The National Association of Homebuilders' index of sentiment soared to an 11-year high in December, despite the sizable rise in bond yields since the election.

snip

https://www.bloomberg.com/news/articles/2016-12-15/measures-of-economic-optimism-are-shooting-up-all-over-the-place-after-trump-s-win

[geronl]

This is ridiculous.

His only economic actions are cronyism and threatening to punish companies that do not bow to him personally.

Trumpies want to give him the Nobel prize before he is in office.