Consumer Confidence Soars to Highest Level Since 2021, Boosting Economic and Political Fortunes

• Consumer sentiment continues rising, hits highest level since summer 2021

• Sentiment increase over last 3 months is biggest in over 30 years

• Good consumer and business "vibes" historically predict spending and investment

• If current sentiment levels hold, models predict 49% vote share for Biden

• Geopolitics and domestic issues could still throw curveballs before November 2024 election