Americans’ Financial Stress Hits a 42-Month Low, Eased by Confidence in Trump’s Economic Policies
The RealClearMarkets/TIPP Economic Optimism Index, a leading gauge of consumer sentiment, rose by 1.5% in December to 54.0, reaching its highest level in 40 months since August 2021 (53.6). The index had been in negative territory for 38 consecutive months, starting in September 2021, and broke out decisively in November after President Donald Trump's historic return as the 47th President.
November’s reading of 54.0 is 8.3% higher than its historical average of 49.1.
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