Company Specific Highlights & Insights:
Management confidence levels appear to be trending positively. In October 2016, the Management Growth Confidence Index started to trend strongly positively for the first time in over a year, a signal confirmed in calls continuing through September 2017. While the ratio dipped in October, the ratio has since recovered in November to March, pointing to management teams growing more confident about investing. In particular this has been signified by a sustained rise in highly confident markers, as opposed to a decline in management concern, pointing to renewed optimism.