January 30, 2017, by Scott Greenwood
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.
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.