Small Business Optimism Surges
This is a US news story, published by Yahoo Finance, that relates primarily to Donald Trump's news.
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small business optimism releaseYahoo Finance
•Why a dramatic jump in small business optimism is about more than small business: Chart of the Week
85% Informative
NFIB 's small business optimism index surged dramatically in November , riding the post-election euphoria over Donald Trump's incoming presidency to post the biggest monthly gain since 1980 .
The barometer is notoriously tied to politics, thanks to the strong link between Republican leadership, loose regulatory environments, and lower taxes, which drive small business morale.
Goldman Sachs' chief US equity strategist David Kostin wrote that his team expects the improved small business outlook to "lift the earnings and valuation of stocks with revenues tied to that spending".
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