US: S&P 500, wage growth, Trump tariffs buoy economic optimism - IBD

"Americans felt better about their personal finances at the start of October than at any time in the 18-plus years of the IBD/TIPP Poll," Investor's Business Daily reported on Tuesday.

Key takeaways from the official press release

• Trump tariffs also got a vote of confidence as support for federal economic policies hit the highest level since 2005.
• Overall, the IBD/TIPP Economic Optimism Index rose 1.9 points to 57.8, just off the 14-year high of 58.0 touched in August.
• The six-month economic outlook gauge held at 53.3. 
• The six-month personal financial outlook index jumped 4.1 points to 66.7, easily clearing August's 14-year high of 65.1.