CEO'S OPTIMISTIC ABOUT NEXT YEAR

More good news on the economy.  A recent CNBC article* shows CEOs to be confident about the next year's economy even though productivity has been dropping.**  There is some hope that corporations will increase their fixed investments with 42% of the CEOs predicting increases.  Lack of fixed investments has been a drag on the economy.***

(click on figure to enlarge)

Of course, there are also those who predict a recession next year.****  We'll have to wait and see. as this remarkable recovery has gone on for a long time.****

* http://www.cnbc.com/2016/08/09/ceo-confidence-in-economy-continues-to-climb-survey.html
** http://www.cnbc.com/2016/08/09/us-q2-2016-productivity.html (I find this article to be confusing.)
*** http://stopcontinentaldrift.blogspot.com/2016/08/new-analysis-of-gdp.html
**** http://www.bloomberg.com/politics/articles/2016-05-11/congrats-on-winning-the-white-house-here-s-your-recession (Please note the URL title "Congrats On Winning The White House; Here Is Your Recession")