Americans Haven't Been This Positive About The US Economy Since July 2007, But...

Bloomberg's Consumer Comfort index surged once again this week to its highest since April 2015, but it was the "state of the economy" survey that really soared - breaking to new cycle highs at 42.8 - the highest since July 2007...

The last time we saw a surge like this was the post-QE3 "well they would not have stopped QE if they didn't know that everything was awesome" narrative...

 

How did that work out for them?