American stock market sentiment has reached unprecedented levels of optimism, with 51.4% of US consumers expecting higher stock prices over the next 12 months, the highest since 1987. Concurrently, the NFIB Small Business Optimism Index has surged to its highest level since July, matching levels not seen since February 2022. This increase in optimism is also reflected in the NFIB Small Business Uncertainty Index, which hit a new all-time high in October. Additionally, equity optimism has reached a new all-time high since the start of data in 2001. These trends indicate a significant rise in positive economic sentiment among both consumers and small businesses in the lead-up to the upcoming election.