Tuesday, December 06, 2016

Economic Outlook Skews Directly Toward Party Lines

It seems like the green-shoots are growing into a jungle if you are a GOPer.
Optimism about the six-month economic outlook rocketed to 86.6 among Republicans from 50.9 just before the election, hitting the highest level since the IBD/TIPP Economic Optimism Index was launched in 2001. Independents' view of the six-month outlook jumped 12.7 points to 58.5, highest since January 2004. But sentiment among Democrats plunged 32.1 points to 28.2, lowest since October 2008, just before Barack Obama was elected.
I guess the Dems think Trump will tank the economy for some reason or another. This rally has been great for my bottom line but I guess there isn't as much stock ownership in those Blue spots on that Red map.

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