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Consumer optimism regarding stock market performance has reached a three-year high, as reported by various sources including NY Fed. This surge in optimism is based on consumer expectations for higher stock prices, which have hit the highest level in three years.

Consumer expectations for stocks hit 3-year high in May https://t.co/2Q0yCB94z2 by @_JoshSchafer
Consumer expectations for stocks hit three-year high in May https://t.co/ZboBz2Qc9y
Consumer expectations for higher stock prices are at the highest in 3 years. https://t.co/htAxM96xKu