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This in turn has allowed fixed-rate mortgage offers to fall to new levels, and sparked confidence that rates may remain low for longer than expected.
Coupled with a $500 billion credit auction by the European Central Bank Tuesday, the Fed's positive auction results sparked confidence the plan to boost credit market liquidity can succeed.
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It did not spark confidence if Eli Manning were to get hurt.
But whenever they win enough games to spark confidence in their fans, the Nets inevitably go into a costly funk.
Oftentimes, mentorship seemingly sparks confidence in students, but can be detrimental or useless if done without proper guidance.
(See: "Schneider Electric Sparks Confidence").
And all political promises to guarantee energy prices are notoriously unreliable and unlikely to spark investor confidence.
And most important of all, perhaps: Will a deal that cuts trillions of dollars in spending and raises new revenue finally spark a confidence that turns the economy around by getting people to buy things, companies to hire workers banks to lend money?
Businesses have cut to the bone and are likely to begin hiring soon to increase production as the economy strengthens, he says, arguing that President Obama's proposed tax credits for businesses creating jobs could be enough to spark improved confidence among business owners.
Nevertheless, this initial confidence sparked a chain of significant events.
A feel-good factor and a sense of confidence sparked by the Commonwealth Games may endure but if "life takes over", in Prof O'Donnell's words, it is far from clear whether Scotland's summer of sport will have any influence on voters by September.
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