TRUMP EFFECT: U.S. Investor Optimism is at a 17-Year High!



The “Trump effect” is still going strong, folks!
According to a new report from Gallup, investor optimism has reached its highest levels in 17 years.
After suffering for eight years under Obama’s repressive and restrictive rules, which had American businesses in a stranglehold, business owners are feeling like they can breathe again, and people aren’t as afraid to start a business or invest in one.
Thankfully, our America First President has done so much, in less than a year, to help lift Obama’s crushing policies on business and trade, and is working to help Make America Great Again nonstop.
From Gallup
WASHINGTON, D.C. — A new surge of optimism among U.S. investors has pushed the Wells Fargo/Gallup Investor and Retirement Optimism Index to its highest level since September 2000. The index, after rising in every quarter since the start of 2016, leveled off in the second quarter at +124 before rising to its current +138 in the third quarter.
U.S. Investor Optimism, 1996-2017
The latest boost in optimism pushes the index almost 100 points higher than the +40 score measured in February 2016. The 98-point hike over the past 18 months is the largest increase in the 20-year history of the index that is not a rebound immediately after a major drop in optimism.
The results come from a July 28-Aug. 6 Wells Fargo/Gallup Investor and Retirement Optimism Index survey of U.S. investors with $10,000 or more invested in stocks, bonds or mutual funds. The seven items that constitute the index include three on personal finances (meeting long-term investment goals, meeting short-term investment goals and maintaining income) and four on the economy (economic growth, the stock market, unemployment and inflation). The survey was in the field as the Dow Jones industrial average approached, then surpassed, the 22,000-point milestone for the first time.
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