The American economy is booming, and so is business optimism: Morning Brief

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Monday, July 19, 2021

Businesses of all sizes are feeling great about the economy

Optimism about the U.S. economy is abundant right now.

Consumers haven’t been this confident in their prospects since the pandemic began. And for the country’s biggest businesses, of course, it doesn’t take a look much beyond the performance of the S&P 500 (^GSPC) and the tightening of credit spreads to see how strong businesses conditions are today. 

And when executives like JPMorgan (JPM) CEO Jamie Dimon are saying the “pump is primed” for consumers to start spending, you know how he’s feeling about the state of the economic recovery. 

But recent data also shows there’s confidence all across the spectrum, for businesses big and small. 

Published on Monday, JPMorgan Chase’s 2021 Business Leaders Outlook survey revealed that…

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