The Latest Analysis
Global business confidence remains unshakable. Sentiment has been strong and steady since before last year’s U.S. presidential election and is consistent with an economy that is expanding firmly above its potential. The strong sentiment is also consistent with buoyant global financial markets that have exhibited extraordinarily low volatility in recent months. Most telling is that a very low less than 10% of the responses to the nine questions posed in the survey are negative, while 40% are positive, and 50% are neutral.