America First policies of the Trump Administration continues to drive the “Trump effect” full speed ahead and there is no slowing down in sight.
According to a new Gallup report, investor optimism has reached its highest levels in 17 years!
After suffering for eight years under Obama’s repressive legislation and executive orders, most companies had no hope of safely expanding operations with fear they would only get shut down by more regulations or more foreign interests cutting into their operations with dirt cheap labor, low taxes and little regulations.
Now business owners are feeling like they can compete again, and they aren’t afraid to start new business ventures or invest in new businesses because they don’t have a communist dictator like Obama breathing down their necks who’s only interest was appealing to celebrities, perverts, and welfare leeches.
Now, in less than a year our new America First President has crushed Obama and his Democrat cronies’ negative policies against business and trade. President Trump is working to help Make America Great Again.
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.
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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