Feelings Matter

January 30, 2017, by Scott Greenwood

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Given that the markets consist of the buying and selling decisions of a myriad of individuals and institutions, it’s fascinating to see that every major survey of business sentiment surged as we head into 2017.

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While short term this could be positive for US Equities, JP Morgan also notes the following:

“…exuberant sentiment and later-cycle fiscal stimulus could accelerate the arrival of the next recession.”

More from JP Morgan here.