High-Income Americans Are the Most Upbeat on Record
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Never mind the trade wars, market volatility, and other concerns clouding the U.S. outlook. High-income Americans are feeling the most upbeat in records going back to 2004.
Sentiment among those with annual household incomes of more than $100,000 jumped to 84.3 in the week ended July 1, the Bloomberg Consumer Comfort Index showed Thursday. The caveat is that such sub-gauges tend to be volatile week-to-week.