2018-08-09 10:02:42 Thu ET
JPMorgan Chase CEO Jamie Dimon says President Trump has now awaken the *animal spirits* in the U.S. stock market.
The key phrase, animal spirits, is the term that Sir John Maynard Keynes coined in his 1936 book on the economic science, The General Theory of Employment, Interest, and Money, to describe the instincts, proclivities, and emotions that ostensibly guide human economic behaviors.
Animal spirits manifest in the form of consumer confidence, investor sentiment, and business executive optimism.
Dimon refers to the recent stock market rally as a clear indication that consumer confidence skyrockets while investor sentiment continues to be high.
Trump tax cuts, infrastructure, and deregulation can all contribute to this CEO optimism during the current interest rate hike.
The Trump stock market rally has thus far added $2 trillion to the vast majority of American stocks.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-07-19 10:20:00 Thursday ET
Donald Trump defies the odds to become the new U.S. president. He wants to make America great again. He seeks to repeal Obamacare. He has zero toleranc
2018-09-09 10:03:30 Sunday ET
As the biggest IPO since Alibaba in recent years, Snap Inc with its novel instant-messaging app SnapChat achieves $30 billion stock market capitalization.
2018-08-09 09:56:42 Thursday ET
President-Elect Donald Trump wants Apple and its tech peers to consider better and greater high-tech job creation in America. Apple has asked its primary man
2018-08-09 10:00:39 Thursday ET
President Trump refreshes his public image through his presidential address to Congress with numerous ambitious economic policies in order to make America great
2018-08-09 09:56:10 Thursday ET
Universally dismissed as a vanity presidential candidate when he entered a field crowded with Republican talent, the former Democrat and former Independent mowe
2018-07-18 13:28:00 Wednesday ET
India’s equivalent to Warren Buffett in America, Rakesh Jhunjhunwala, offers several key lessons for stock market investors: When the press or his w