Expectations for tax reform, deregulation and infrastructure spending are certainly generating economic optimism.
The small business confidence survey is at a 13-year high, terrific for the sector that employs most Americans.
Consumer confidence is at a 16-year high, fueled by healthy job growth, a pickup in wages, unemployment at a 10-year low, and encouraging housing market indicators.
Instead of affecting interest rates, both of these surveys are positive because of interest rates.
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