real-time news and commentary for investors
Monday, Oct 29
2012, 11:54 AM
A recent poll shows for the first time in five years more Americans are feeling better off...
A recent poll shows for the first time in five years more Americans are feeling better off financially than they did a year ago. The driving force behind this shift in sentiment: a more optimistic view on housing and employment. “I really believe it’s tied most intrinsically to housing,” says Mesirow's Diane Swonk. People see that a neighbor’s house is for sale and selling for a good price, and it makes them feel a little better financially.