Gallup: Economic Optimism in U.S. Ties Three-Year High
The numbers on our chart above correspond to those on the one below from Gallup, which just reported optimism at a three-year high, noting, “Forty-one percent of Americans in January said the economy is “getting better,” up from 35% in December and 38% a year ago. This level of optimism ties for the highest since Gallup Daily tracking began in January 2008.”
The question $64,000 question: Are consumers feeling optimistic because the market is up or is the market up because consumers feel optimistic?
Hat tip to TheReformedBroker.