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US financial satisfaction hits 24-year high on market boom

October 26, 2017

Via: CNBC

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.

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