In 3 Charts You'll See Why Consumers Are The Happiest They've Been In Nearly 6 years

This morning, UMichigan Consumer Sentiment hit its highest level since the summer of 2007.

That can be explained in 3 charts.

First, the stock market is at its highest level ever.

FREDMeanwhile, the year-over-year change in gas prices is decidedly negative, which is refreshing, and acts as a form of stimulus.

FREDAnd finally, here’s the year-over-year change in Case-Shiller home prices. Gains are surging.

FREDStocks, gas prices, and home values all going in the right direction.

What’s not to love?

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