Investor optimism has reached its highest point since the year 2000!
While investor optimism isn’t the most important economic indicator, it is interesting that it has now reached its highest point in the twenty-first century. (Remember, the year 2000 is technically counted as the last year of the twentieth century.) No matter how much the media assures us that Donald Trump is causing fear and anxiety, investors are feeling confidence and optimism about growth.
Why do you think that is?
Thus, the Gallup headline, “U.S. Investor Optimism Rises Again, Hits 17-Year High.”
In the article’s conclusion, they say:
The stock market has moved generally upward for the past eight years after bottoming out in the wake of the 2008 economic crash, but investors have been slow to shed their skepticism about stocks as a good investment. This year’s continued climb of the market to record-setting heights, however, has given investors enough evidence that more than two-thirds are optimistic and one-fourth are now very optimistic about its near-term performance.
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