Liz Peek

Articles by Tag: economy

How Trump’s Blustery Optimism Helps Propel the Economy

Liz | 01/04 at 06:22 PM

Have Americans gone crazy? How can optimism be soaring when we’re told the future looks so bleak? The Conference Board reports that consumer confidence is higher than it was in 2007 – before the Great Recession.

Christmas spending rose at the fastest clip since 2011 – up 3.8 percent - and businesses are more upbeat too. A survey of purchasing managers noted the most buoyant investment in inventories since record-keeping began in 2007. Has everyone gone nuts?

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