EXECUTIVE EXUBERANCE
10/01/2026 |
After falling to a five-year low following President Trump’s 4/25 “liberation day” tariffs, CEOs of America’s largest companies are signaling confidence, a stark contrast with the gloom felt by consumers. CEO confidence is up for five straight quarters, is well above the historical average of 83, and, at 94 in 26Q3, is at its highest level since 22Q2. Plans for hiring and capital investment are both up. Pleasantly unexpected.