Economics
Investors' Economic Optimism Surges to Level Not Seen Since 2011
- Investors and business owners show increasing confidence
- Optimism abounds about tax cuts, global growth and reinflation
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Investors haven’t been this optimistic on the global economy since 2011, joining small businesses in taking a glass-half-full outlook as a new administration takes over in Washington.
A full 23 percent of investors expect an outright “boom,” according to a survey released Tuesday by Bank of America Merrill Lynch, while the number predicting negligible growth over the next 12 months has fallen by more than half to 43 percent.