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A number of readings on CEO sentiment, including our own Late Earnings Report Index (LERI), seem to be indicating that executives are feeling more certain about corporate growth prospects.
The LERI ended the Q4 2023 earnings season (data collected in Q1 2024) with a post-peak reading of 99, the lowest in a year.
It’s not just top management whose sentiment is improving, but investors’ attitudes are positive as well.