The latest consumer optimism survey from Investor’s Business Daily shows Americans remain pessimistic about our short-term economic outlook but are are feeling better then they were a month ago despite an endless stream of bad economic reports. So why is that? What are the key factors in triggering confidence or a lack of confidence? How much of the sentiment is based on politics rather than the current economic realities? And what accounts for today’s jump on Wall Street? We ask Ken Shreve, markets reporter for Investor’s Business Daily.
