"Economic optimism" refers to having a positive outlook or belief about the future state of the economy. It means being hopeful that the economy will improve or continue to grow, leading to better financial conditions for individuals, businesses, and the country as a whole.
Full definition
There is a danger
of economic optimism becoming a consensus view, leading to a risk of disappointment if the data fails to carry on improving.
Economic optimism continues to build A sizable uptick in the closely watched ISM manufacturing purchasing managers» index and a jump to a 15 - year high in the Conference Board's consumer confidence measure were two standout data points in the United States this week, keeping the reflation trade firmly on track.
The mix of price action was potentially bearish because sectors usually associated
with economic optimism and confidence took a tumble: Financials and transports fell almost 3 percent, while materials, industrials, and energy shed roughly 2 percent.
Forget the FTSE; its post-Brexit surge is based on the promise of zero interest rates and quantitative easing,
not economic optimism.
Improving economic optimism places the economic debate in an interesting context, one not experienced since the beginning of the Coalition era — but will it last?
The poll also highlights another potential problem for the government — every month the YouGov / Telegraph poll also has a question
on economic optimism, which normally glides along without much worthy of comment.
This month the
net economic optimism figure (the so called «feel good factor» — the percentage of people who think things are getting better minus the percentage of people who think they will get worse) has dropped from -19 last month, to -30 this month — the lowest for two years.
ALBANY, N.Y. (AP)-- Gov. Andrew Cuomo on Thursday amended his proposed budget to incorporate Medicaid funding cuts and policy changes recommended by a task force that reviewed the program and to reflect some
future economic optimism.
Generally speaking, crashes usually occur under the following conditions: [1] a prolonged period of rising stock prices and
excessive economic optimism, a market where P / E ratios exceed long - term averages, and extensive use of margin debt and leverage by market participants.
There is
renewed economic optimism in North America and certain parts of Europe, long haul travel is improving and airline prices to the South Pacific are as reasonable as they have ever been.
November 29, 2016 — Toronto, ON — Canadian employers are heading into 2017 with
considerable economic optimism, however, their buoyancy is muted by the country's declining oil market and worries that mid-level staff turnover is on the rise.
But
economic optimism generated by tax reform could trigger a boost in leasing, says Barbara Byrne Denham, a senior economist at the firm.
However, their stalling household financial expectations and
declining economic optimism will likely mean the rate at which the housing market recovers will remain tempered.
Economic optimism continues to fall in the wake of the continued debt crisis in America and the Eurozone; a fifth (19 %) believe the economic condition of the country will improve in the next twelve months, and half (52 %) think that it will get worse.
An Escalade is obviously a vehicle that does better in times
of economic optimism, and the nascent recovery appears to again be creating a fertile environment for luxury SUVs.
This reflects an improvement
in economic optimism, with voters now more likely to be positive than negative about economic prospects both for the country as a whole, and for themselves and their families.
But that's what plenty of market watchers are worried about these days, which is why it isn't easy to buy into Flaherty's
economic optimism.
The Index provides quarterly updates on U.S. investors»
economic optimism, and on their views about a variety of savings and retirement issues.
For the first time since July 2010
the Economic Optimism Index is not negative (% saying the economy will get better in next 12 months minus % saying it will get worse).
Britain's
economic optimism has continued its recent rise and now as many people think the economy will improve in the next year as think it will get worse (31 %), 35 % think it will stay the same.
This gives
an Economic Optimism Index of 0 (% improve minus % get worse), which is the first time since July 2010 that it has not been a negative score.
Economic optimism and a continued accommodative stance from central banks around the globe boosted international equities.
The allure of the misunderstood artistic genius was slowly fading following the political and
economic optimism of the 1950s, when French patent office issued patent number 63471 in 1957 for International Klein Blue — a color of a deep blue hue that was first mixed by the artist Yves Klein.
Chalk it up to
economic optimism, desire for change, or residual energy from the Balboa Park Centennial.
John Tierney of the New York Times looks at John Holdren (and Paul Ehrlich) versus the late Julian Simon in his recent article,
Economic Optimism?