As prognosticated, economic optimism remains strong with global, national and local markets continuing to improve, despite the growing recognition that Presidential campaign promises may prove unattainable. The economy is on a trajectory of sustained growth, as financial conditions remain supportive and near-term risks to the economic outlook are balanced (Northern Trust Economic Outlook).The ensuing Wealth Effect, combined with historically low interest rates, Baby Boomer demographics and advantageous tax treatments continues to stimulate and enhance Palm Beach real estate valuations
