The New York Federal Reserve is estimating that the fourth quarter GDP is going to grow

at nearly a 4% rate.

This is the Fed in New York, 4% investor optimism the highest in almost 20 years.

So I mean, the numbers just keep going.

Oh, I wanted to report this because this is a really important point.

CNBC does this all American.

They call it all American economic survey.

And what they found that was over half of the people who responded to the survey think

that the economy is good or excellent.

And 41% think that the economy is going to improve in 2018.

I think that's a relatively low number.

Maybe people have been so crushed by the last eight years that I want to believe it's

going to get better than it is.

Or maybe they don't like Trump or whatever the situation might be.

But once this tax cut passed today kicks in, you're going to see really economic growth.

And this psychological component that I mentioned is so important.

That's what the CNBC economic poll found.

Over half of all respondents think the economy is good or excellent.

That's in large part because they now have confidence.

They now have optimism.

They now believe that there is a president there who is championing them and who is there

to deliver a strong economy, which is what he ran on.

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