Consumer sentiment increased in August, as the RealClearMarkets/TIPP Economic Optimism Index rose from 48.6 in July to 50.9, a 4.7% gain. After peaking at a 40-month high of 54.0 in December, the index eased to 51.9 in January and 52.0 in February before slipping below the crucial 50.0 benchmark in March. August’s reading breaks a five-month spell in the pessimistic territory.
RCM/TIPP: Investor Confidence Soars To 4-Year High, Lifting Consumer Optimism In August
Related
What The Ceasefire Couldn’t Fix
Last month, 20 of 21 groups saw optimism fall. This month, 20 of 21 saw stress fall. But the headline sentiment index barely budged. Relief is not the same thing as recovery.
The Best Contrary Indicator On Wall Street May Be Your Neighbor
When retail investors got scared in April, the S&P 500 hit 7,000 for the first time. It has happened before.
Twenty Out of Twenty-One
Of the 21 demographic groups the RCM/TIPP Economic Optimism Index tracks each month, 20 declined in April. The one that didn't barely moved. As Middle East tensions mount, the data captures something rare: a nation united. In anxiety.
Latest
Making Government Lean Again: The DOGE Effect
Established in the early months of the second Trump administration and initially led by Elon Musk, DOGE set out to eliminate waste, fraud, and inefficiency in federal spending
It’s Time To Save Standard Time
The debate is not whether to stop changing the clocks every March and November. Most people, including members of Congress and Secretary of State Marco Rubio, despise the biannual switch. It’s which “version” of time to keep.
Seattle’s Socialist Mayor Now Panicking Over Businesses Leaving
“I think the claims that millionaires are going to leave our state are, like, super overblown. And if—the ones that leave, like, bye,” Wilson said to applause at Seattle University.