Confidence Boomed After the Election. The Economy Hasn’t.

After Donald J. Trump won the presidential election, Americans’ optimism about the economic future soared. But midway through the year, that optimism has not translated into concrete economic gains. This seeming contradiction exposes a reality about the role of psychology in economics — or more specifically, how psychology is connected […] Read more »

Trump’s victory changed the way Americans see reality

Democrats and Republicans have never been further apart in their expectations for the economy than they are right now. The Trump presidency appears to have sparked an unprecedented political polarization in consumer confidence, which is often viewed as a leading indicator for the economy’s performance. CONT. Ana Swanson, Washington Post Read more »