What a difference a month can make…

 

Lizzie vividly remembers the CNBC interview with Bill Ackman about a month ago (12/12) at the NYSE where he discussed the confidence and enthusiasm of business leaders for the future of the economy.  He stated that he had never seen such enthusiasm in his entire career.  This was the same day President-elect Trump visited NYSE.*

 

Fast forward to yesterday (1/16), CEO Confidence Index results show that the index soared 15.7 points to 100.8, the highest level since Q1 2017, excluding post-pandemic stimulus driven surge.*

 

The CEO Confidence Index is a leading economic indicator, especially for U.S. industrial production, approximately 9 months in advance.

 

We continue to believe the setup for 2025 is good for the economy and the stock market, and view volatility (like we have seen this month) as a buying opportunity.

 

Lizzie discussed this and more with Frank Holland this morning on CNBC. Watch below or on CNBC’s website!

 

 

*See the interview with Bill Ackman here and the graph referenced here.