This morning, UMichigan Consumer Sentiment hit its highest level since the summer of 2007.

That can be explained in 3 charts.

First, the stock market is at its highest level ever.

stock market new highs
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Meanwhile, the year-over-year change in gas prices is decidedly negative, which is refreshing, and acts as a form of stimulus.


gas prices yoy change
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And finally, here's the year-over-year change in Case-Shiller home prices. Gains are surging.


house prices yoy
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Stocks, gas prices, and home values all going in the right direction.
What's not to love?