RealClearMarkets/TIPP Economic Optimism Index reaches highest level in 40 months

The RealClearMarkets/TIPP Economic Optimism Index rose by 1.5% in December to 54.0 , reaching its highest level in 40 months since August 2021 ( 53.6 ) The Index had been in negative territory for 38 consecutive months , starting in September 2021 .

December ’s reading is 8.3% higher than its historical average of 49.1 .

The RCM/TIPP Financial-Related Stress Index improved 7.2 points, or 10.7% , from 67.5 in November to 60.3 in December .

Economic optimism levels for 16 of 21 demographic groups are higher in December 2024 than the historical average of the past 287 months .

80% of Americans are worried about inflation, and 75% are concerned about a slowdown in the next 12 months .

Saudi foreign ministry expressed “condemnation and denunciation” of the plan.

Turkish Foreign Minister Hakan Fidan said his country was willing to mediate between Washington and the new administration in Syria , adding that he doesn’t see Syria becoming an arena for conflicts.

Bitcoin rallied to a new all-time high Sunday evening as investors awaited the Federal Reserve's expected interest rate cut later this week .