View full page at forexfactory.com

 

IBD/TIPP Economic Optimism Index Soars As Everybody Wins The White House

From investors.com

The IBD/TIPP Economic Optimism Index soared 9.9% in October to 51.3, its highest reading since April 2015, with Democrats, Republicans and independents all turning upbeat as the presidential campaign heads into its final two weeks. Consumer sentiment tends to be partisan. Democrats are gloomy when a Republican is in the White House and vice versa. That's still true, but there's a bipartisan surge of confidence right now. Among self-described Republicans, the Economic Optimism reading shot up to 46.4 from 40 in September and 33.6 in July. That's still below the neutral 50 level, but it's the best reading for ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News