A raging stock market has investors more satisfied with their finances than they have been in decades.
Financial satisfaction hit a 24-year high in the third quarter, thanks to a booming stock market and a big pool of open job opportunities, according to an index compiled by the American Institute of CPAs.
The index tracks data such as large-cap stock movement, personal taxation rates and the expectations of corporate executives and CPAs. It’s calculated by measuring the difference between financial “pain” indicators and financial “pleasure” indicators.